13. Lonesome Gulch Mines has a standard deviation of 42% per year and a beta of ...
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13. Lonesome Gulch Mines has a standard deviation of 42% per year and a beta of ⫹ .10.
Amalgamated Copper has a standard deviation of 31% a year and a beta of ⫹ .66. Explain why Lonesome Gulch is the safer investment for a diversified investor.
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