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Stock XYZ has beta 1,5. If stock market increases 2% during the month, how much is stock XYZ price changing? 4 % 3 % -15

Stock XYZ has beta 1,5. If stock market increases 2% during the month, how much is stock XYZ price changing?

4 %

3 %

-15 %

15 %

DO NOT COPY FROM CHEGG OTHERWISE I HAVE TO REPORT

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