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pls answer fast, i will rate! 15 points Save Answer Deutsche Boerse AG German Stock Index DAX has an avernge annual market return of 13%
pls answer fast, i will rate!
15 points Save Answer Deutsche Boerse AG German Stock Index DAX has an avernge annual market return of 13% with a standard deviation of 20%. Both average return and its standard deviation are measured in local currency, euro(E). DAX's standard deviation in terms of US dollar ($) is measured as 23%. Also, the standard deviation of the direct exchange rate. 8. is 10%. Given there, what is the correlation coefficient between DAX returns and the direct exchange rate(g)? For the toolbar, press ALT F10 (PC) OR ALT FN F10 (Mac) R 15 points Save Answer Deutsche Boerse AG German Stock Index DAX has an avernge annual market return of 13% with a standard deviation of 20%. Both average return and its standard deviation are measured in local currency, euro(E). DAX's standard deviation in terms of US dollar ($) is measured as 23%. Also, the standard deviation of the direct exchange rate. 8. is 10%. Given there, what is the correlation coefficient between DAX returns and the direct exchange rate(g)? For the toolbar, press ALT F10 (PC) OR ALT FN F10 (Mac) R Step by Step Solution
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