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You compute a beta coefficient that has a low standard error. What does this imply? a. This estimated beta has little meaning. b. This stock

You compute a beta coefficient that has a low standard error. What does this imply? a. This estimated beta has little meaning. b. This stock responds less to market changes than most stocks. c. This beta estimate is more reliable than most. d. There were too few observations used to estimate this beta.

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