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19. The covariance between the rates of return of two stocks is 0.16. The standard deviations of the rates of return are 0.5 and 0.4.

19. The covariance between the rates of return of two stocks is 0.16. The standard deviations of the rates of return are 0.5 and 0.4. What is the correlation coefficient?

A. 0.28 B. 0.32 C. -0.68 D. 0.80

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