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If a stock has a beta of 1.50 which statement best describes the volatility of this stock relative to the market beta of 1? The

If a stock has a beta of 1.50 which statement best describes the volatility of this stock relative to the market beta of 1?

The stock is 50% less volatile than the market beta.

The stock is 50% more volatile than the market beta.

The stock's beta has no relationship to the market beta.

The stock has equal volatility to the market beta.

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