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An asset has a standard deviation of 30% and a correlation with the market portfolio of 0.60. If the market has a standard deviation of
An asset has a standard deviation of 30% and a correlation with the market portfolio of 0.60. If the market has a standard deviation of 20%, how much lower is the beta of the asset relative to the market?
0.05
0.10
0.18
0.25
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