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The expected impact of unanticipated macroeconomic events on a security's return is A. included in the security's expected return. B. equal to the risk-free rate.

The expected impact of unanticipated macroeconomic events on a security's return is A. included in the security's expected return. B. equal to the risk-free rate. C. proportional to the firm's beta. D. positive. E. zero.

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