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Lowes rises by more than 1% when the market rises by exactly 1%. From this information, which of the following is TRUE about Lowes beta?
Lowes rises by more than 1% when the market rises by exactly 1%. From this information, which of the following is TRUE about Lowes beta?
a. | Greater than one | |
b. | Less than zero | |
c. | Less than one | |
d. | Between zero and one | |
e. | Equal to zero |
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