Explain what is meant by beta. What type of risk does beta measure? What is the market

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Explain what is meant by beta. What type of risk does beta measure? What is the market return? How is the interpretation of beta related to the market return?
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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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