Examlex
Which of the following is not generally true?
Market Risk Premium
The extra return expected by investors for holding a risky market portfolio instead of risk-free assets.
Beta
A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates the stock is more volatile than the market.
Diversified Portfolio
An investment strategy that spreads investments across various asset classes in order to reduce risk.
Company-specific
Refers to information, events, or characteristics that only affect a single company, not the industry as a whole or the market at large.
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