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Do you think the following companies would have a high, low, or average beta? Explain your answer The ACME Umbrella company's stock goes up a

  1. Do you think the following companies would have a high, low, or average beta? Explain your answer

The ACME Umbrella company's stock goes up a lot when it rains, but goes down when it is sunny. Nothing else but the weather seems to impact ACME's stock price.

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