Question
Question 18(1 point) Suppose the covariance between the returns of the stock of Poul Inc. and the returns on the Whilshire 5000 is 0.011. If
Question 18(1 point)
Suppose the covariance between the returns of the stock of Poul Inc. and the returns on the Whilshire 5000 is 0.011. If the standard deviation of market returns is 0.013, what is the beta of the stock?
Note: Here the actual numbers rather than percentages are given. So give your answer as an actual number rather than a percentage etc.
Your Answer:
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
