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30. Which of the following best describes the definition of a stocks beta? a. The sensitivity of a firms risk relative to the markets risk
30. Which of the following best describes the definition of a stocks beta?
a. The sensitivity of a firms risk relative to the markets risk
b. The sensitivity of a firms return relative to the markets return
c. The sensitivity of a firms return relative to the markets risk
Why is the answer B? Please explain. Thank you.
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
