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a.Vultures, Inc., specializes in buying assets of bankrupt companies at a discount. Vultures' stock price seems to go up whenever other companies are doing poorly
a.Vultures, Inc., specializes in buying assets of bankrupt companies at a discount. Vultures' stock price seems to go up whenever other companies are doing poorly and going bankrupt but goes down when other companies are doing well, and they have few bankrupt companies to prey on.
High, low, or average beta?
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