A stocks beta measures its diversifiable risk relative to, Financial Management

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A stocks beta measures its diversifiable risk relative to

1. A stock's beta measures its diversifiable risk relative to the diversifiable risks of other firms. True False

2. The NYSE is defined as 'spot' market purely and simply because it has a physical location. The Nasdaq, on the other hand, is not a spot market because it has no one central location. True False

3. Mva is a good measure of the incumbent management’s performance. True or False?

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