The market rate of return increased by 8% while the rate of return on XYZ stock increased by 4%. The beta of XYZ stock is:
A) -2.0.
B) -0.40.
C) 0.50.
D) 2.0.
Answer: C
The market rate of return increased by 8% while the rate of return on XYZ stock increased by 4%. The beta of XYZ stock is:
A) -2.0.
B) -0.40.
C) 0.50.
D) 2.0.
Answer: C