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Which ONE of the following statements is FALSE with regard to an equity beta? It takes account of correlation and relative volatility between an asset
Which ONE of the following statements is FALSE with regard to an equity beta?
It takes account of correlation and relative volatility between an asset of portfolio and a market index
It can only take the value between -1 and +1
It can be measured either in % or $ values
It is included in the systematic or un-diversifiable risk of the asset or portfolio
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