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A stock has a correlation with the market of 0.9. The standard deviation of the market is 30%, and the standard deviation of the stock
A stock has a correlation with the market of 0.9. The standard deviation of the market is 30%, and the standard deviation of the stock is 50%. What is the stock's beta?
A. | 1.50 | |
B. | 1.32 | |
C. | 0.54 | |
D. | 0.30 |
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