- Is that right?
- That is right.

3 seconds sound clip from the Rocky II movie soundboard.

You can hear this line at 00:48:04.860 in the Blu-ray version of the movie.

Quote context

[...]

- Now, look, you look right there at the end of my nose, will you?

- Okay.

- I want to test you.

- Look at your nose. You look at my nose now. When I bring my finger in, you tell me when you see it, will you?

- Okay.

- There's the little thing. I see it.

- That's good.

- I told you. It's okay.

- Now, wait. Now we'll try the other lamp. Now, look here, will you? Now, tell me.

- I see it.

- No, you see nothing. Creed would have caved in the whole side of your face.

- Now, forget it, kid. You got the heart, but you ain't got the tools no more. Now, forget it!

- Is that right?

- That is right.

- Yeah? Well, maybe it's you who ain't got it no more, you know that?

- Yeah. Yeah. That's it.

(Face slap)

- Now, look, you didn't even see that coming, did you? No. Well, that was from a broken-down pug like me.

- What do you think the champ would do to you?

- I don't know. Hurt me bad.

- No. He'd hurt you permanent. Permanent.

[...]