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You find an asset that is expected to offer you the same return irrespective of the economic scenario and irrespective of the market return. What
You find an asset that is expected to offer you the same return irrespective of the economic scenario and irrespective of the market return. What is the beta of this asset?
a. 0
b. 1
c. .5
d. none of the above because it needs to be determined
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