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Given the returns for two stocks with the following information, calculate the correlation coefficient of the returns for the two stocks. Assume the expected return

Given the returns for two stocks with the following information, calculate the correlation coefficient of the returns for the two stocks. Assume the expected return for Stock 1 is 10.8 percent and 9.7 percent for Stock 2. Do not round intermediate computations.

Prob Stock 1 Stock 2
0.4 0.09 0.11
0.5 0.11 0.08
0.1 0.17 0.13

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