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34.) The correlation coefficient between stock B and the market portfolio is 0.8. The standard deviation of stock B is 24 percent and the standard

34.)

The correlation coefficient between stock B and the market portfolio is 0.8. The standard deviation of stock B is 24 percent and the standard deviation of the market is 30 percent. Calculate the beta of the stock.

0.64

0.92

0.80

1.00

1.42

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