Question
SunWing stock has a standard deviation of 10%, while the market index standard deviation is 7%. If the correlation between SunWing and the market index
SunWing stock has a standard deviation of 10%, while the market index standard deviation is 7%. If
the correlation between SunWing and the market index is 0.85, what is the beta of SunWing stock?
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Get StartedRecommended Textbook for
Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
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