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Question 8 (1 point) Which of the following statements about residual is FALSE? 0 a) It measures deviation of stock excess return from the SCL.
Question 8 (1 point) Which of the following statements about residual is FALSE? 0 a) It measures deviation of stock excess return from the SCL. O b) Its expectation is always zero. 0 c) Variance of the residual is a valid measure unsystematic risk. 0 d) It corresponds to the intercept of the SCL
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