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Suppose You Are Considering Purchasing Stock from Two Firms, Firm

Question 162

Essay

Suppose you are considering purchasing stock from two firms, firm A and firm B. The expected return is the same for both stocks; however, the return on stock A is more variable than the return on stock B. Which stock would you buy? Why? What do you think other investors will do? What will be the effect of investors' behavior on the relative prices of these two stocks?

Correct Answer:

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Because stock A is riskier than stock B,...

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