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The beta of Royal Bank (ticker symbol RY) stock is approximately 0.714 while the beta of Bristol Myers Squib (BMY) is 0.461. Which of the
The beta of Royal Bank (ticker symbol RY) stock is approximately 0.714 while the beta of Bristol Myers Squib (BMY) is 0.461. Which of the following statements is most accurate? O a. Investors will expect RY stock to be more stable than BMY stock. O b. Both RY and BMY stock are expected to fluctuate more in value than the market. O c. The risk BMY stock can be more easily diversified away than the risk of RY stock. O d. The expected return for BMY would be lower than the expected return for RY if they are both priced by beta. O e. It is not possible to determine expected returns because we do not know the market beta
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