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8. A stock has a covariance with the market of 0.00985. The standard deviation of the market is 15% and the standard deviation of the

8. A stock has a covariance with the market of 0.00985. The standard deviation of the market is 15% and the standard deviation of the stock is 21%. What is the stock's beta?

A. 1.000

B. 0.438

C. 0.313

D. 0.066

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