Why is beta the theoretically correct measure of a stocks risk? If you plotted the returns on

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Why is beta the theoretically correct measure of a stock’s risk?

If you plotted the returns on a particular stock versus those on the Dow Jones Index over the past five years, what would the slope of the regression line you obtained indicate about the stock’s market risk?

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Corporate Finance A Focused Approach

ISBN: 9780324180350

1st Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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