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Suppose the market portfolio is equally likely to increase by 25% or decrease by 5%. The beta of a firm that goes up on average

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Suppose the market portfolio is equally likely to increase by 25% or decrease by 5%. The beta of a firm that goes up on average by 12% when the market goes down and goes down by 16% when the market goes up is 0.93 1.07 1.53 2.13 None of the above

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