Question
The covariance between the rates of return of two stocks is 0.16. The standard deviations of the rates of return are 0.5 and 0.4. What
The covariance between the rates of return of two stocks is 0.16. The standard deviations of the rates of return are 0.5 and 0.4. What is the correlation coefficient?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
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