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Consider two assets i and j. The correlation of asset i with the market is 0.5. The correlation of j with the market is equal
Consider two assets i and j. The correlation of asset i with the market is 0.5. The correlation of j with the market is equal to 0. In the single index model, where the only factor is the market, what is the correlation between i and j?
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
