Question
You estimate that Beta for Infosys as 1.3 using the Indian stock index as the benchmark. If you had used the MSCI world index you
You estimate that Beta for Infosys as 1.3 using the Indian stock index as the benchmark. If you had used the MSCI world index you would estimate Beta for Infosys to be 0.8. If the Beta between Indian index and MSCI world index is 0.77, calculate the error in estimating beta using the Indian index as the benchmark.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
