Beta is the measure of market risk. Look at the businesses listed below and see if you can identify one that could very likely have a relatively high total risk but a lowbeta. Explain your reasoning.

Beta is the measure of market risk. Look at the businesses listed below and see if you can identify one that could very likely have a relatively high total risk but a low beta. Explain your reasoning.

a. The manufacturer of diamond-encrusted dog collars.

b. A company that specializes in finding and salvaging old shipwrecks from the Age of Discovery (the 1500s and 1600s).

c. A casino