Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A stock has a market-beta of 2.65. This means that A) the stocks returns will vary much more than the returns of the overall stock
-
A stock has a market-beta of 2.65. This means that
A) the stocks returns will vary much more than the returns of the overall stock market
B) the stock is a less risky investment than an investment in the overall stock market
C) if the general stock market is up 1%, this stock will be down 2.65%
D) None of the above is true
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started