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Assume the following information concerning a two-stock portfolio: Stock X Stock Y Percent of Portfolio 37% Please calculate it Average annual return 10% 10% Standard

Assume the following information concerning a two-stock portfolio:

Stock X Stock Y
Percent of Portfolio 37% Please calculate it
Average annual return 10% 10%
Standard deviation of returns 6.08% 19.56%

Covariance of returns 13.18

Calculate the correlation coefficient of Stocks X and Stock Y .

Round the answers to four decimal places.

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