The domestic country beta
A. is always lower than its world beta.
B. is normally smaller than the world beta.
C. is normally higher than the world beta.
D. is exactly equal to the world beta.
Answer:C
The domestic country beta
A. is always lower than its world beta. B. is normally smaller than the world beta. C. is normally higher than the world beta. D. is exactly equal to the world beta.
Explanation: (a) is incorrect as there are counterexamples (e.g., Petrobras as discussed in