Multiple Choice
Security returns
A) are based on both macro events and firm-specific events.
B) are based on firm-specific events only.
C) are usually positively correlated with each other.
D) are based on firm-specific events only and are usually positively correlated with each other.
E) are based on both macro events and firm-specific events and are usually positively correlated with each other.
Correct Answer:

Verified
Correct Answer:
Verified
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