Question
The covariance of returns between Walmart Inc. (WMT) and Visa Inc. (V) is 0.0947. The standard deviation of the return of WMT is 24.75%. If
The covariance of returns between Walmart Inc. (WMT) and Visa Inc. (V) is 0.0947. The standard deviation of the return of WMT is 24.75%. If the correlation of returns between WMT and V is 0.7545, the variance of V is closest to
A.
25.72%.
B.
15.72%.
C.
5.18%.
D.
1.95%.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
