A Beta Coefficient of +1 Represents an Asset That ________

question 153

Multiple Choice

A beta coefficient of +1 represents an asset that ________.

• A)has a higher expected return than the market portfolio
• B)has the same expected return as the market portfolio
• C)has a lower expected return than the market portfolio
• D)is unaffected by market movement

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Definitions:

Judge-Made Law

Laws that have evolved from judicial decisions or case law, rather than from statutes or constitutions, thereby reflecting the judiciary's role in interpreting and applying legal principles to specific cases.

Legal Positivists

A school of thought in jurisprudence that holds the belief that the validity of a law is not related to its morality but is contingent upon its sources and recognition by the state.

Validly Enacted Laws

Laws that have been properly passed and approved by the legislative process, and are therefore legally binding.

Just Law

A legal principle or legislation that is regarded as fair, morally right, and in accordance with ethical standards.