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Consider asset traded in market M. Suppose that B=0.2,040.4, and o=0.2. Then we can conclude that there exists strong positive correlation between this asset and

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Consider asset traded in market M. Suppose that B=0.2,040.4, and o=0.2. Then we can conclude that there exists strong positive correlation between this asset and the market. Is this statement correct? Explain why or why not. Please keep your explanation short (5-6 lines at most) B E Ia S X, X >

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