In the question it says that its beta is 1.5 for jupiter and 0.9 for financial services sector.
Without looking at the answer, how do we know whether its equity or asset beta ?
We could always presume they r asset beta isnt ?
Ask the Tutor ACCA AFM
Mercury training june 08 adapted
Betas are always equity betas, unless specifically told differently.
I explain this in my free lectures (and explain why) !!!
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