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A single index model regression for a stock has an intercept value of -0.1 and a slope value of 1.5. The R-squared is .50. True

A single index model regression for a stock has an intercept value of -0.1 and a slope value of 1.5. The R-squared is .50. True or false: The "beta" for the stock is 1.5.

True

False

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