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The covariance of stock Walter Inc. and Boo-boo Corp. is 0.50. The standard deviation of Walter is 1 and the standard deviation of Boo-boo is

The covariance of stock Walter Inc. and Boo-boo Corp. is 0.50. The standard deviation of Walter is 1 and the standard deviation of Boo-boo is also 1. What is the correlation coefficient for Walter and Boo-boo?

Question 20 options:

a)

0.50

b)

0.25

c)

not enough information to answer

d)

none of the above

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