BR2 IS THE % OF TOTAL RISK THAT IS EXPLAINED BY THE MARKET, SYSTE...
112) B
R
2
is the % of total risk that is explained by the market, systematic. So, 1- R
2
would be the unsystematic risk.
(.6)
2
= .36 or 36%.
112) B
R
2
is the % of total risk that is explained by the market, systematic. So, 1- R
2
would be the unsystematic risk.
(.6)
2
= .36 or 36%.