Discuss beta and its importance what type of investors, Financial Management

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Discuss beta and its importance what type of investors

Discuss beta and its importance. What type of investors would invest in a high beta stock and a low beta stock? Also, in your textbook, review the Real World case, focusing on "Beta, Beta, Who's Got the Beta?," on page 343. Is beta a useful tool? Why was the beta estimates discussed in the reading different?

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