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Question 38 Which of the following is a characteristic of beta? A. Beta measures only the volatility of returns on an individual bond relative to

Question 38
Which of the following is a characteristic of beta?
A. Beta measures only the volatility of returns on an individual bond relative to a bond market index
B. Beta is a relative measure of systematic risk
C. Beta is a relative measure of unsystematic risk
D. Beta is a measure of total risk
E. None of the above

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