Use the Following Information to Answer the Question(s)below

question 6

Multiple Choice

Use the following information to answer the question(s) below.
Suppose that the market portfolio is equally likely to increase by 24% or decrease by 8%.Security "X" goes up on average by 29% when the market goes up and goes down by 11% when the market goes down.Security "Y" goes down on average by 16% when the market goes up and goes up by 16% when the market goes down.Security "Z" goes up on average by 4% when the market goes up and goes up by 4% when the market goes down.
-The beta for security "Y" is closest to:

• A)-1.00.
• B)-0.25.
• C)0.00.
• D)0.25.

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Definitions:

Sociometer Theory

A psychological theory suggesting that self-esteem is an internal measure of one's social acceptability and how well one adheres to social norms.

Personal Self-esteem

An individual's subjective evaluation of their own worth, encompassing beliefs about oneself as well as emotional states.

Social Acceptance

The act of being recognized and welcomed into a social group or society, often tied to adherence to group norms and values.

Self-presentation

The process through which individuals attempt to control the impressions others form of them, typically in social or public contexts.