Question
A stock has a market-beta of 1.23. This means that The stock is a less risky investment than an investment in theoverall stock market If
A stock has a market-beta of 1.23. This means that
The stock is a less risky investment than an investment in theoverall stock market
If the general stock market is up 1.23%, this stock will be down1.23%.
The stock?s returns will vary much more than the returns of theoverall stock market
None of the choices
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
