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Find the Correlation: You have 2 stocks in your portfolio. The Covariance between the stocks is .48. If the standard deviation for stock 1 is
Find the Correlation: You have 2 stocks in your portfolio. The Covariance between the stocks is .48. If the standard deviation for stock 1 is 1.7 and stock 2 is 1.3, then what is the correlation between stock 1 and stock 2?
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