Stock X has a beta of 0.6, while Stock Y has a beta of 1.4. Which of the following statements is CORRECT?   a. If expected inflation increases but the market risk premium is unchanged, then the required return on both stocks will fall by the same amount.     b. A portfolio consisting of $50,000 invested in Stock X and $50,000 invested in Stock Y will have a required return that exceeds that of the overall market.     c. If expected inflation declines but the market risk premium is unchanged, then the required return on both stocks will decrease but the decrease will be greater for Stock Y.     d. Stock Y must have a higher expected return and a higher standard deviation than Stock X.     e. If the market risk premium declines but expected inflation is unchanged, the required return on both stocks will decrease, but the decrease will be greater for Stock Y.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Stock X has a beta of 0.6, while Stock Y has a beta of 1.4. Which of the following statements is CORRECT?
  a. If expected inflation increases but the market risk premium is unchanged, then the required return on both stocks will fall by the same amount.  
  b. A portfolio consisting of $50,000 invested in Stock X and $50,000 invested in Stock Y will have a required return that exceeds that of the overall market.  
  c. If expected inflation declines but the market risk premium is unchanged, then the required return on both stocks will decrease but the decrease will be greater for Stock Y.  
  d. Stock Y must have a higher expected return and a higher standard deviation than Stock X.  
  e. If the market risk premium declines but expected inflation is unchanged, the required return on both stocks will decrease, but the decrease will be greater for Stock Y.  

 

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