A stock has a beta of 1.3. The unsystematic risk of this stock is ____________ the stock market as a whole.
A. Higher than
b. Lower than
c. Equal to
d. Indeterminable compared to
Answer: A. Higher than
A stock has a beta of 1.3. The unsystematic risk of this stock is ____________ the stock market as a whole.
A. Higher than
b. Lower than
c. Equal to
d. Indeterminable compared to
Answer: A. Higher than