Question: 8-6 A stock had a 12% return last year, a year when the overall stock market declined. Does this mean that the stock has a

 8-6 A stock had a 12% return last year, a year

8-6 A stock had a 12% return last year, a year when the overall stock market declined. Does this mean that the stock has a negative beta and thus very little risk if held in a portfolio? Explain

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