Research has revealed that regardless of what the current estimate of a firm's beta is, it will tend to move closer to ______ over time.
A. 1
b. 0
c. -1
d. 0.5
Answer: A. 1
Research has revealed that regardless of what the current estimate of a firm's beta is, it will tend to move closer to ______ over time.
A. 1
b. 0
c. -1
d. 0.5
Answer: A. 1