9. The beta coefficient Aa Aa risk. According to A stock's contribution to the market risk of a well-diversified portfolio is called the Capital Asset Pricing Model (CAPM), this risk can be measured by a metric called the beta coefficient, which calculates the degree to which a stock moves with the movements in the market. Based on your understanding of the beta coefficient, indicate whether each statement in the following table is true or false: Statement True False Over time, a stock with a beta of 1.0 produces a return that goes up and down with a 1:1 relationship with the return on the market. A stock that is more volatile than the market will have a beta of less than 1.0. Beta measures the volatility in stock movements relative to the market. There are different ways of calculating the beta coefficient for a stock. Using the information given in the following table, calculate the beta coefficient of Stocki Data Stock i's standard deviation Market's standard deviation Correlation between Stock i and the market 35.00% 32.00% 0.65 Beta coefficient of Stock