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Stock A has a correlation with the market of 0 . 5 3 . Assuming that the standard deviation of returns for Stock A is

Stock A has a correlation with the market of 0.53. Assuming that the standard deviation of returns for Stock A is 24.0% and that the standard deviation of returns for the market is 10.0%, what is beta for stock A?
A.1.31
B.1.27
C.0.17
D.0.22

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