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The beta of stock A is 1.7. Which of the following is a correct interpretation? On average, when the market return rises (falls) 10%, stock

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The beta of stock A is 1.7. Which of the following is a correct interpretation? On average, when the market return rises (falls) 10%, stock A's return rises (falls) 17%. On average, when the market return falls (rises) 10%, stock A's return falls (rises) 17%. On average, when the market return rises (falls) 10%, stock A's return rises (falls) 1.7%. On average, when the market return falls (rises) 10%, stock A's return falls (rises) 1.7%

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