USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

-Refer to Exhibit 9.18. Based on the analyst's estimated return and the stocks' betas the analyst should

A) sell both Stock X and Stock Y.
B) sell Stock X and Buy Stock Y.
C) buy Stock X and Sell Stock Y.
D) buy both Stock X and Stock Y.
E) None of these are correct.