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In the Results of the Earliest Estimations of the Security

question 53

Multiple Choice

In the results of the earliest estimations of the security market line by Lintner (1965) and Scholes (1972) , it was found that the average difference between a stock's return and the risk-free rate was ________ to its nonsystematic risk and ________ to its beta.


Definitions:

Twenty-First Century

The current century, spanning from January 1, 2001, to December 31, 2100, marked by rapid technological advancement and globalization.

African Americans

People in the United States with ancestry from Africa, particularly those whose ancestors were brought to America through the transatlantic slave trade.

African-American Populations

Communities of people in America of African descent, including both recent immigrants and those whose ancestors were enslaved in the United States.

Boston

A historic city in Massachusetts, significant for its role in the American Revolution and as a cultural and economic center.

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