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Suppose that a stock has a beta of 1.50. If the overall market is expected to decline by 4% next period, what can we expect

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Suppose that a stock has a beta of 1.50. If the overall market is expected to decline by 4% next period, what can we expect will happen to this stock? The stock's price will likely decline by 1.5%. The stock's price will likely decline by 6%. The stock's price will likely increase by more than 4%. Cannot be determined

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