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A friend wants to buy stock in either Company Y or Company Z. Your friend does not like taking risks and is seeking a safe
A friend wants to buy stock in either Company Y or Company Z. Your friend does not like taking risks and is seeking a safe investment. Company Y bas a beta value of .7, Company Z bas a beta value of 1.4 . Knowing only this information, which company would you tell your friend to invest in knowing that he does not like taking risks? Explain
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