The Expected Impact of Unanticipated Macroeconomic Events on a Security's

question 10

Multiple Choice

The expected impact of unanticipated macroeconomic events on a security's return during the period is

• A) included in the security's expected return.
• B) zero.
• C) equal to the risk-free rate.
• D) proportional to the firm's beta.
• E) infinite.

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