Question
Smith Co. has an expected return of 14 percent and a standard deviation of 25.85%. The market has an expected return of 10 percent and
Smith Co. has an expected return of 14 percent and a standard deviation of 25.85%. The market has an expected return of 10 percent and a standard deviation of 20.5%. What is the beta of Smith Co. If the correlation of Smith Co. with the market is 0.79?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
5th Edition
0910944008, 978-0910944007
