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A portfolio with a level of systematic risk the same as that of the market has a beta that is: equal to one. less than
A portfolio with a level of systematic risk the same as that of the market has a beta that is:
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| equal to one. |
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| less than the beta of the risk-free asset. |
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| equal to zero. |
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| less than zero. |
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Financial Economics
Authors: Frank J. Fabozzi, Edwin H. Neave, Guofu Zhou
1st Edition
0470596201, 9780470596203
