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Memphic Memphic
wrote...
Posts: 728
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6 years ago
The beta for security "Y" is closest to:
A) -1.00
B) -0.25
C) 0.00
D) 0.25
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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1 Reply

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wrote...
6 years ago
A
Explanation:  A) Change in Market = 24% - (-8%) = 32%, change in security = -16% - (16%) = -32%, Beta = -32%/32% = -1.00
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