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: @ 26 Which of the following does NOT describe beta? A. A measure of the sensitivity of the return on an asset to the

: @ 26 Which of the following does NOT describe beta? A. A measure of the sensitivity of the return on an asset to the return on an index B. The hedge ratio necessary to remove market risk from a portfolio C. Measures correlation between futures prices and spot prices for a commodity D. The slope of the best fit line when the return on an asset is regressed against the return on the market

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