Question
The correlation of returns between Enphase Energy, Inc. (ENPH) and AutoZone, Inc. (AZO) is 0.3756. The standard deviation of the return of ENPH is 4.87%,
The correlation of returns between Enphase Energy, Inc. (ENPH) and AutoZone, Inc. (AZO) is 0.3756. The standard deviation of the return of ENPH is 4.87%, and the variance of AZO is 1.76%. The covariance between these two stocks is closest to
A.
0.1826.
B.
0.0739.
C.
0.0107.
D.
0.0024.
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Pricing Analytics Models And Advanced Quantitative Techniques For Product Pricing
Authors: Walter R. Paczkowski
1st Edition
1138623938, 9781138623934
