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A beta coefficient of -1 represents an asset that ________. A. is more responsive than the market portfolio B. has the same response as the
A beta coefficient of -1 represents an asset that ________.
A. is more responsive than the market portfolio
B. has the same response as the market portfolio but in opposite direction
C. is less responsive than the market portfolio
D. is unaffected by market movement
A beta coefficient of -1 represents an asset that ________.
A. is more responsive than the market portfolio
B. has the same response as the market portfolio but in opposite direction
C. is less responsive than the market portfolio
D. is unaffected by market movement
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