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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 expected return on security with a beta of 0.8 is closest to:
Descent System
A way of tracing kinship and inheritance through either the maternal or paternal line.
Mode of Subsistence
Refers to the means by which a society obtains its basic needs for survival, such as through hunting, gathering, agriculture, or industry.
Age Grades
Social categories based on age, used in various societies to assign roles, responsibilities, and privileges.
Double Unilineal Descent
A system of lineage where individuals belong to both their father's and their mother's descent groups, incorporating elements of both patrilineal and matrilineal descent.
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