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Is lottery winnings earned or unearned income?
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- 8. You have developed data which give (1) the average annual returns on the market for the past five years, and (2) similar information on Stocks A and B. If these data are as follows, which of the possible answers best describes the historical betas for A and B?Years/Market/Stock A/Stock B1/0.03/0.16/0.052/−0.05/0.20/0.053/0.01/0.18/0.054/−0.10/0.25/0.055/0.06/0.14/0.05a.βA > 0; βB = 1b.βA > +1; βB = 0c.βA = 0; βB = −1d.βA < 0; βB = 0e.βA < −1; βB = 1