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Suppose a firm's excess return depends only upon firm-specific events and is completely independent of the state of the economy. What is the Beta for

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Suppose a firm's excess return depends only upon firm-specific events and is completely independent of the state of the economy. What is the Beta for this firm? A. 1.0 B. 0.75 C. 0.0 D. 1.5 E. 0.5

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