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Question 14 Which of the following statement is FALSE? In dividend discount model, the appropriate discount rate is weighted average cost of capital. Beta measures

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Question 14 Which of the following statement is FALSE? In dividend discount model, the appropriate discount rate is weighted average cost of capital. Beta measures how a firm's stock price co-moves with the market index. Systematic risk is non-diversifiable by holding a market portfolio. The higher the Beta, the higher the firm's systematic risk

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