The standard deviation of stock returns of Park Corporation is 60%. The standard deviation of the market
Question:
The standard deviation of stock returns of Park Corporation is 60%. The standard deviation of the market return is 20%. If the correlation between Park and the market is 0.40, what is Park’s beta? (1.2)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
Question Posted: