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Stocks A and B have standard deviations of 17% and 28%, and their covariance is 0.0156. Calculate their correlation coefficient 0.15 -0.12 0.33 0.56
Stocks A and B have standard deviations of 17% and 28%, and their covariance is 0.0156. Calculate their correlation coefficient
0.15 | ||
-0.12 | ||
0.33 | ||
0.56 |
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