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QUESTION 16 Each stock in a group of 200 stocks has a beta of 1.0. We can be certain that each of the stocks was

QUESTION 16

Each stock in a group of 200 stocks has a beta of 1.0. We can be certain that each of the stocks was ______ correlated with the market.

a.

positively

b.

negatively

c.

neither positively nor negatively

d.

both positively and negatively

e.

This cannot be determined with the information provided.

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