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Which of the following statement is correct about a stock returns beta in the CAPM A. beta equals the stock's covariance with the risk-free asset
Which of the following statement is correct about a stock returns beta in the CAPM
A. | beta equals the stock's covariance with the risk-free asset | |
B. | beta equals the change in the stock's return for a given change in the market return | |
C. | beta equals the standard deviation of the stocks return | |
D. | beta equals the correlation between the stocks return and the market return |
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