A stock had a 12 percent return last year, a year in which the overall stock market
Question:
A stock had a 12 percent return last year, a year in which the overall stock market declined in value. Does this mean that the stock has a negative beta?
AppendixLO1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals Of Financial Management Concise
ISBN: 9780324258721
4th Edition
Authors: Eugene F. Brigham, Joel F. Houston
Question Posted: