Question
A beta of 1.2 means that for a given 1 percent change in the value of the market, the ________ is expected to change by
A beta of 1.2 means that for a given 1 percent change in the value of the market, the ________ is expected to change by 1.2 percent in the same direction
a.stock's value
b.stock's standard deviation
c.correlation coefficient
d.risk-free rate
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
13th edition
1285198840, 978-1285198842
