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Assume the following information concerning a two-stock portfolio: Stock X Stock Y Percent of Portfolio 52% Please calculate it Average annual return 13% 8% Standard
Assume the following information concerning a two-stock portfolio:
| Stock X | Stock Y | |
| Percent of Portfolio | 52% | Please calculate it |
| Average annual return | 13% | 8% |
| Standard deviation of returns | 10.09% | 10.15% |
Covariance of returns 25.87
Calculate the correlation coefficient of Stocks X and Stock Y .
Round the answers to four decimal places.
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Financial Management Principles And Practice
Authors: Timothy Gallagher
6th Edition
1930789157, 978-1930789159
