Mutual fund XYZ has a beta of 1.5, a standard deviation of 12%, and a correlation to

Question:

Mutual fund XYZ has a beta of 1.5, a standard deviation of 12%, and a correlation to the S&P 500 of 0.80. How much return of fund XYZ is due to the S&P 500?

a. 20%.

b. 64%.

c. 80%.

d. 100%.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

Question Posted: