A Stock with a Beta Equal to −1

question 7

True/False

A stock with a beta equal to −1.0 has zero systematic (or market) risk.

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Definitions:

Endplay

Linear play in a shaft, wheel, or rotor. The slang term for this, slop, describes the condition well. Some OEMs use the term axial slop to describe endplay.

Truck Wheel Seal

A component used in trucks to prevent lubricants from leaking out of the wheel bearings and to keep contaminants out.

Seal Driver

A tool used in the installation of seals in machinery, ensuring a proper fit without damage to the seal or housing.

Hydraulic Press

A machine press using a hydraulic cylinder to generate a compressive force, widely used in forming, shaping, and pressing of materials.