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Which of the following is a characteristic of beta? A.A beta of less than 1.0 has less risk than the market. B.A beta is always
Which of the following is a characteristic of beta?
- A.A beta of less than 1.0 has less risk than the market.
- B.A beta is always equal to 1.0.
- C.A beta of 1.0 has zero risk.
- D.Beta measures only the volatility of returns on an individual bond relative to a bond market index.
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