The beta of the risk-free asset is best described as the, Financial Management

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The beta of the risk-free asset is best described as the

1. The security market line depicts the relation between expected returns and: A. market risk. B. actual returns. C. the standard deviation of expected returns.

2. The beta of the risk-free asset is best described as: A. one. B. zero. C. infinity.

3. If prices in a market reflect all publicly available information, this market is best described as: A. weak-form efficient. B. strong-form efficient. C. semi-strong form efficient.

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