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Which of the following statements is CORRECT? a. Lower beta stocks have higher required returns. b. A stock's beta indicates its diversifiable risk. c. The
Which of the following statements is CORRECT? a. Lower beta stocks have higher required returns. b. A stock's beta indicates its diversifiable risk. c. The slope of the security market line is equal to the market risk premium. d. Two securities with the same stand-alone risk must have the same betas. e. Diversifiable risk cannot be completely diversified away
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