Question
The beta of the aggregate stock market is: A) greater than 1.0; most stocks are aggressive. B) less than 1.0; most stocks are defensive. C)
The beta of the aggregate stock market is:
| A) greater than 1.0; most stocks are aggressive.
| ||
| B) less than 1.0; most stocks are defensive.
| ||
| C) unknown; betas are continually changing.
| ||
| D) exactly 1.0; these stocks represent the market.
|
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Financial Management Core Concepts
Authors: Ray Brooks, Raymond Brooks
1st Edition
0321155173, 9780321155177
