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Last month a stock with a beta of 1.0 lost 20% while the S&P 500 had...

Last month a stock with a beta of 1.0 lost 20% while the S&P 500 had a 10% gain. Given this, it is most likely that the:

(Multiple Choice)

S&P 500 cannot represent the overall market.

firm released some negative information about itself.

the market index had an exceptionally good month.

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Answer #1

Given this, it is most likely that the firm released some negative information about itself.

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