Which of the following statements about the world-market-, Financial Management

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Which of the following statements about the world-market-

Which of the following statements about the world-market-β (βWM) coefficient for cross border investment is true? (a) βWM always lies between 0 and 1. (b) βWM uses a global index as a basis for the computation. (c) βWM is sometimes further corrected to account for government debt levels. (d) Germany and France are examples of Emerging capital markets. (e) The MSCI World includes exclusively firms from the United Kingdom.

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