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Suppose stock ABC's beta is 0.8. If the stock market (e.g., S&P 500 Index) increases by 1% tomorrow, then ABC stock's price _______ tomorrow. a)
Suppose stock ABC's beta is 0.8. If the stock market (e.g., S&P 500 Index) increases by 1% tomorrow, then ABC stock's price _______ tomorrow.
a) will, on average, increase by 1%
b) will, for sure, increase by 1%
c) will, on average, increase by 0.8%
d) will, for sure, increass by 0.8%
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