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12) The standard deviation of return on investment A is 16%, while the standard deviation of return on investment B is 11%. If the covariance

12) The standard deviation of return on investment A is 16%, while the standard deviation of return on investment B is 11%. If the covariance of returns on A and B is 0.009, the correlation coefficient between the returns on A and B is _________.

Multiple Choice

  • 0.009

  • 0.511

  • 0.511

  • 0.009

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