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A stock has a covariance with the market of 0.3 and the market has a variance of 0.2. What is the stock's beta? Is the
A stock has a covariance with the market of 0.3 and the market has a variance of 0.2. What is the stock's beta? Is the stock more or less risky than the market?
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International Finance Putting Theory Into Practice
Authors: Piet Sercu
1st edition
069113667X, 978-0691136677
