A beta coefficient of 0 represents an asset that
A) is unaffected by market movement.
B) is less responsive than the market portfolio.
C) is more responsive than the market portfolio.
D) has the same response as the market portfolio.

Question

Quizplus · Accepted Answer

A beta coefficient of 0 indicates that the asset is not affected by changes in the market, indicating a lack of correlation with the market.

A Beta Coefficient of 0 Represents an Asset That