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In the Results of the Earliest Estimations of the Security

question 48

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In the results of the earliest estimations of the security market line by Miller and Scholes (1972) , it was found that the average difference between a stock's return and the risk-free rate was ________ to its beta.


Definitions:

Religious Active People

Individuals who frequently participate in and commit to religious practices and rituals.

Longer Life Span

The increase in the amount of time an individual lives, often attributed to factors such as advancements in medicine, healthier lifestyles, and improved living conditions.

Happy College Students

College students who experience positive emotions, satisfaction, and a sense of well-being during their college years.

Feel-good, Do-good Phenomenon

The observation that people are more likely to help others when they are in a good mood.

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