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The coefficient of correlation between Stock A and the S&P 500 is 0.62. The returns on the S&P500 have a standard deviation of 0.08, and

The coefficient of correlation between Stock A and the S&P 500 is 0.62. The returns on the S&P500 have a standard deviation of 0.08, and the returns on Stock A have a standard deviation of 0.50. What is the market beta of Stock A? Please give your answer to two decimal places. image text in transcribed

Question 2 0/2 pts The coefficient of correlation between Stock A and the S&P 500 is 0.62. The returns on the S&P500 have a standard deviation of 0.08, and the returns on Stock A have a standard deviation of 0.50. What is the market beta of Stock A? Please give your answer to two decimal places. You Answered 0.0992 Correct Answer 3.875 margin of error +/- 0.01

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