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The term as is a(n):

Memphic

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6 years ago

The term as is a(n):

The term as is a(n):
A) error term that has an expectation of zero and is uncorrelated with either factor.
B) measure of the expected percent change in the excess return of a security for a 1% change in the excess return of the first factor portfolio.
C) measure of the expected percent change in the excess return of a security for a 1% change in the excess return of the second factor portfolio.
D) constant term.

Textbook

Corporate Finance: The Core

Edition: 4^th

Authors: Berk, DeMarzo

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deusmaroto

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