The Cost to Society for Adolescent Substance Use Has Been

question 1

Multiple Choice

The cost to society for adolescent substance use has been estimated as per mixed drink.

• A) $1.50
• B) $3.00
• C) $4.12
• D) $4.00

---

Definitions:

SMB Beta

A measure used in the evaluation of stocks, indicating a stock's sensitivity to movements in the small minus big (SMB) factor, part of the Fama-French three-factor model.

HML Beta

A measure of sensitivity to the HML (High Minus Low) factor, part of the Fama-French three-factor model, indicating how much a stock's return is affected by the value premium.

Risk Premium

The additional return expected on an investment for taking on higher risk compared to a risk-free asset.

SMB Beta

A measure used in financial models to estimate the sensitivity of a stock’s return relative to the return of a small-minus-big (SMB) factor, part of the Fama-French three-factor model.