Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 45 (2 points) Saved Lapin Co.'s stock has a standard deviation of returns of 16%. The standard deviation of the return on the market

image text in transcribed
Question 45 (2 points) Saved Lapin Co.'s stock has a standard deviation of returns of 16%. The standard deviation of the return on the market is 21%. If the correlation coefficient for the return on the stock with the market is 0.75, what is the Lapin's beta? 0.57 0.98 1.31 1.70 2.93 Previous Page Page 45 of 47

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Unlock The Potential Of Forex An Essential Guide To Forex Trading

Authors: Enoch Grennan

1st Edition

979-8388679659

More Books

Students also viewed these Finance questions