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How can a positive relationship between the expected return on a security and its beta be justified?Because the value of beta is always positiveBecause the
How can a positive relationship between the expected return on a security and its beta be justified?Because the value of beta is always positiveBecause the difference between the return on the market and the riskfree rate is likely to be negativeBecause the difference between the return on the market and the riskfree rate is likely to be positiveBecause the riskfree rate is equal to zero
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