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Security A has a standard deviation of 23% and the market has a standard deviation of 18%. The correlation coefficient between Security A and the
Security A has a standard deviation of 23% and the market has a standard deviation of 18%. The correlation coefficient between Security A and the market is 0.80. Calculate the percent change in Security A's price that can be explained by changes in the market.
A)
36%
B)
50%
C)
64%
D)
80%
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