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Given the information in the accompanying table, calculate the correlation coefficient between the returns on Stocks A and B. Stock A Stock B E( R

Given the information in the accompanying table, calculate the correlation coefficient between the returns on Stocks A and B.

Stock A Stock B
E(RA ) = A = 8.4% E(RB ) = B = 6.5%
A = 10.80% B = 7.29%
Cov(RA,RB ) = AB = 16.70%

0.212

0.167

0.212

0.167

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