Question
A stock's returns have a correlation coefficient with the overall market of 40%.Its standard deviation is 30%. The market index has a standard deviation of
A stock's returns have a correlation coefficient with the overall market of 40%.Its standard deviation is 30%. The market index has a standard deviation of 15%.Calculate the stock's beta coefficient.(4)
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
