Question
Use the following three statements to answer this question: I. Beta is constant over time. II. Empirically beta is never negative. III. Negative beta implies
Use the following three statements to answer this question:
I. Beta is constant over time.
II. Empirically beta is never negative.
III. Negative beta implies a negative standard deviation.
I, II and III are correct. |
I, II and III are incorrect. |
I is correct, II and III are incorrect. |
I, II are incorrect, III is correct. |
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
