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An asset like gold is used by investors to provide a hedge against

/in /by

An asset like gold is used by investors to provide a hedge against
market movements. That is, when the market starts falling, gold prices increase as investors move money from stocks to gold. We would therefore expect beta to be:

A) 0

B) positive

C) negative

D) positive, zero or negative depending upon the volatility of the market.

 
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