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If a security has a GNP beta of 1.5, then the securitys total rate of return will: A. change by an amount equal to 1.5
If a security has a GNP beta of 1.5, then the securitys total rate of return will:
| A. | change by an amount equal to 1.5 times the percentage amount of any unexpected change in GNP. |
| B. | change by an amount equal to the unexpected percentage change in GNP divided by a factor of 1.5. |
| C. | increase by 1.5 percent for every 1 percent decrease in GNP. |
| D. | increase by 1.5 percent whenever the GNP increases by 1.5 percent.
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