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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
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0.009
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0.511
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0.511
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0.009
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