If the market beta of SONY stock is 3, what will you expect its return to be
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If the market beta of SONY stock is 3, what will you expect its return to be if the stock market falls by 5%?
a. SONY’s stock return will rise by 3% above its expected value.
b. SONY’s stock return will fall by 3% below its expected value.
c. SONY’s stock return will rise by 15% above its expected value.
d. SONY’s stock return will fall by 15% below its expected value.
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