Question
Susan is expecting the returns on the market portfolio to be negative in the near term. Since she is managing a stock mutual fund, she
Susan is expecting the returns on the market portfolio to be negative in the near term. Since she is managing a stock mutual fund, she must remain invested in a portfolio of stocks. However, she is allowed to adjust the beta of her portfolio. What kind of beta would you recommend for Susans portfolio?
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
