Which of the Following Is NOT a Definition of Beta

question 108

Multiple Choice

Which of the following is NOT a definition of beta?

• A)A measure of systematic risk
• B)A measure of risk that can be avoided
• C)A statistical measure of an individual asset's or portfolio's co-movement with the returns of the market
• D)A measure of nondiversifiable risk

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Definitions:

Draws

In a financial context, it refers to a type of credit advance or salary payment made against future earnings or revenue.

Check

A written, dated, and signed instrument that contains an unconditional order directing a bank to pay a definite sum of money to a payee.

Impostor

An individual who deceives others by assuming a false identity or title, often to gain certain advantages, access, or to commit fraud.

Primarily Liable

Refers to the party that is first and foremost responsible for fulfilling an obligation or making restitution.