In a regression of the monthly excess returns on XYZ with the monthly excess return on the SPY ETF you found that the intercept is 0.5% and the slope is 1.5. Based on this relationship, in months when, on average, the excess return on the market is 1% higher than expected, the average excess return on XYZ will be best estimated to be_____________. A. 2% higher than expected B. 1.5% higher than expected C. 0.25% higher than expected D. as expected.