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The correlation coefficient describes how the two assets move in price relative to one another. What is the covariance of Stock A and B, given
The correlation coefficient describes how the two assets move in price relative to one another. What is the covariance of Stock A and B, given the following information? Stock A 12.5% expected return, 18.6% standard deviation Stock B 8.6% expected return, 13.2% standard deviation Correlation coefficient = .7
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