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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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