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Cedric invested in Mountcastle Inc. with a beta of 1.45 and Franco LLC with a beta of 0.85. Which stock has the least systematic risk?
Cedric invested in Mountcastle Inc. with a beta of 1.45 and Franco LLC with a beta of 0.85. Which stock has the least systematic risk? Which stock would you predict to have the higher return on average based on the betas? Which stock(s) are riskier than the market on average? (1-3 sentences)
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