Question 15 (1 point) An equity analyst is required to calculate the correlation coefficient between two securities, ABC and BCA. The basic information is that the standard deviation of ABC and BCA are 0.06 and 0.008, respectively. In addition, the covariance between the two securities is 0.0002. hence, the correlation between ABC and BCA should be_____: Question 15 options:

a)

-0.65

b)

Cannot determine from the information given

c)

0.42

d)

1

e)

-1