Question
Security Apple has an expected return of 12.4% with a standard deviation of 15%, and a correlation with the market of 0.85. Security Banana has
Security Apple has an expected return of 12.4% with a standard deviation of 15%, and a correlation with the market of 0.85. Security Banana has an expected return of 0.73% with a standard deviation of 20%, and a correlation with the market of 0.67. The standard deviation of rMis 12%. What isthe beta coefficients ofApple?
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Foundations Of Finance
Authors: Arthur J Keown, John D Martin, J William Petty
7th Edition
0133370356, 9780133370355
