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Stock FM has a standard deviation of 25.9 percent and a correlation coefficient of 0.69 with market returns. The standard deviation of market return is
Stock FM has a standard deviation of 25.9 percent and a correlation coefficient of 0.69 with market returns. The standard deviation of market return is 20.9 percent, and the expected return is 16.9 percent. The risk-free rate is 7.4 percent. (a) Your answer is incorrect. What is the beta of stock FM? (Round answer to 3 decimal places, e.g. 0.364.) Beta eTextbook and Media Attempts: 1 of 2 used
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