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If a stock consistently goes down (up) by 1.6% when the market portfolio goes down (up) by 1.2% then its beta:
If a stock consistently goes down (up) by 1.6% when the market portfolio goes down (up) by 1.2% then its beta:
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
