=11/The standard deviation of the earnings on State Bank of India shares is 40%, while for Siemens
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=11/The standard deviation of the earnings on State Bank of India shares is 40%, while for Siemens it is only 28%. However, State Bank of India has a β of 1.13 and Siemens of 1.7.
Explain how this is possible.
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Related Book For
Corporate Finance Theory And Practice
ISBN: 9781118849330
4th Edition
Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi
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