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Which of the following statements is/are true? i. If the beta of an asset is positive, then its forward price is greater than the expected
Which of the following statements is/are true? i. If the beta of an asset is positive, then its forward price is greater than the expected future spot price. ii. If the forward price of a non-income producing asset is equal to the expected future spot price, then the systematic risk of the asset is zero.
a.
i only
b.
ii only
c.
Both i and ii
d.
Neither i nor ii
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