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......................... Standard Deviation ........ Beta Security X ..........

ID: 1171876 • Letter: #

Question

......................... Standard Deviation ........ Beta

Security X .............. 0.35 ........................ 1.06

Security Y .............. 0.28 ........................ 1.45

Security Z .............. 0.44 ......................... 1.22

1) Which security has the greatest systematic risk?

Z because it has the largest standard deviation.

Y because it has the largest beta coefficient..

Z because it has a high beta and the largest standard deviation.

Y because it has the greatest diversifiable risk.

It is not possible to tell given the information above.

2) Which security has the greatest expected return?

Z because it has the highest standard deviation.

Z because it has the highest ratio of standard deviation to beta.

Y because it has the highest beta.

X because it has the lowest beta coefficient, and therefore the lowest systematic risk.

It is not possible to tell given the information above.

A.

Z because it has the largest standard deviation.

B.

Y because it has the largest beta coefficient..

C.

Z because it has a high beta and the largest standard deviation.

D.

Y because it has the greatest diversifiable risk.

E.

It is not possible to tell given the information above.

Explanation / Answer

Which security has the greatest systematic risk

answer-Y because it has the largest beta coefficient.

Which security has the greatest expected return?

Answer -Y because it has the highest beta. (as risk is directly proportional to the expected return)

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