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What is the most likely explanation for a +20.0% return on a stock with a beta of 1.0 in a month when the market returned
What is the most likely explanation for a +20.0% return on a stock with a beta of 1.0 in a month when the market
returned +10.0%?
a. The stock is aggressive. b. The market is undervalued.
c. Favorable firm-specific news was reported. d. The beta is really less than 1.0.
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