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Suppose the covariance between the returns of the stock GHI and the returns to the market is 0.00087 and the standard deviation of market returns
Suppose the covariance between the returns of the stock GHI and the returns to the market is 0.00087 and the standard deviation of market returns is 0.022. What is the beta of the stock? So give your answer as an actual number rather than a percentage
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