Consider the following two stocks. The standard deviation of the market portfolio's retums is 10%. a. Compute the bela of each slock. b. How can Wild Ride Corp.'s stock have such high volatility yet have less market risk (as measured by beta) than that of Zen Inc.'s stock? a. (Round each beta to three decimal places.) - The correlation coefficient here is between the individual stock's retums and the market's returns. " SD is short for "standard deviation of returns". ** Recall, one equation for beta is \{ correlation( stock's returns w' market's returns ) x standard dev'n of stock's returns \}/ standard dev'n of market's returns. Remember to use standard deviation in decimal form. b. How can Wild Ride Corp.'s stock have such high volatility (yikes! (but not yikes)) yet have less market risk (as measured by beta) than that of Zen Inc.'s stock?? A. As measured by the corelation corefficients, Zen's returns co-move a lot less with the market's returns than Wild Ride's stock's returns do. B. As measured by the correlation corefficients, Wild Ride's returns co-move a lot more with the market's returns than Zen's stock's returns do. C. Volatility and market risk are not the same thing. D. Zen's retums actually exhibit more variability i volatility than Wild Ride's returns do