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Azda, Inc., stock has a beta of 1.2 and Quinn, Inc., stock has a beta of 0.6. Which of the following statement is most accurate?
Azda, Inc., stock has a beta of 1.2 and Quinn, Inc., stock has a beta of 0.6. Which of the following statement is most accurate? a. The equilibrium expected rate of return is higher for Azda than for Quinn. b. The stock of Azda has higher volatility than Quinn c. The stock of Quinn has more systematic risk than that of Azda.
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