Why is beta the theoretically correct measure of a stocks risk?

Question:

Why is beta the theoretically correct measure of a stock’s risk?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Intermediate Financial Management

ISBN: 9781337395083

13th Edition

Authors: Eugene F. Brigham, Phillip R. Daves

Question Posted: