Question
Which of the following is a characteristic of beta? Beta measures only the volatility of returns on an individual bond relative to a bond market
Which of the following is a characteristic of beta?
Beta measures only the volatility of returns on an individual bond relative to a bond market index. A beta of 1.0 is of equal risk with the market. A beta of greater than 1.0 has less risk than the market. (correct one) Two of the above are true.
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Guardians Of Finance
Authors: James R. Barth, Gerard Caprio, Ross Levine
1st Edition
0262526840, 978-0262526845
