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Average Betas for Individual Stocks in a Market

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If you were to take an average of beta values for all individual stocks listed on the New York Stock Exchange, you would expect the beta to be

A

greater than 1.0, as most stocks are aggressive.

B

less than 1.0, as most stocks are defensive.

C

exactly 1.0, as the stocks represent the market.

D

equal to 0, as the stocks represent the market.