Solved

Marguerite Owns Her Own Fashion Store

Question 42

Multiple Choice

Marguerite owns her own fashion store. In her store's stock quote, its beta is listed as 0.35. What does this indicate?


A) Its stock price is 35 percent as volatile as the Standard & Poor's 500 Index.
B) Its stock price is only 35 percent of what it should be, compared to other companies' stock prices.
C) Its stock price is 35 percent higher than it should be, compared to other companies' stock prices.
D) The par value of its stock is $35 per share.
E) The market value of its stock is $35 per share.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents