A stock has a standard deviation of 20.6 percent and a covariance with the market of .0148.
Fantastic news! We've Found the answer you've been seeking!
Question:
A stock has a standard deviation of 20.6 percent and a covariance with the market of .0148. The market has a standard deviation of 14.5 percent. What is the beta of this stock?
Related Book For
Principles of Corporate Finance
ISBN: 978-1260013900
13th edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen
Posted Date: