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a stock has a covariance of returns to the market of 0.0154. The standard deviation of the market is 0.12. What is the beta of
a stock has a covariance of returns to the market of 0.0154. The standard deviation of the market is 0.12. What is the beta of this stock? Enter your answer rounded to 2 DECIMAL PLACES.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
8th Edition
0324258917, 9780324258912
