Suppose you believe your portfolio, which has a beta of 1.0, has been selected to outperform other

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Suppose you believe your portfolio, which has a beta of 1.0, has been selected to outperform other portfolios of similar risk, but you know you cannot predict which way the market will move. If it goes down, you will outperform the market but will still have a negative rate of return. What can you do to alleviate your timing risk?
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Financial Theory and Corporate Policy

ISBN: 978-0321127211

4th edition

Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri

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