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Assume the following information concerning a two-stock portfolio: Stock X Stock Y Percent of Portfolio 44% Please calculate it Average annual return 9% 1% Standard
Assume the following information concerning a two-stock portfolio:
Stock X Stock Y
Percent of Portfolio 44% Please calculate it
Average annual return 9% 1%
Standard deviation of returns 8.87 11.93
Covariance of returns 0 8.60
Calculate the correlation coefficient of Stocks X and Stock Y .
Round the answers to four decimal places.
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