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GSK stock has a market beta with respect to the FTSE 100 index of 0.6. When the volatility of the stock and FTSE 100 are

GSK stock has a market beta with respect to the FTSE 100 index of 0.6. When the volatility of the stock and FTSE 100 are 35% and 25% respectively, what is the market correlation for GSK? Give your answer to 2 d.p.s Group of answer choices

1.6

0.34

0.43

0.84

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