Question
The covariance of the returns between Willow Stock and Sky Diamond Stock is 0.0840. The variance of Willow is 0.1860, and the variance of Sky
The covariance of the returns between Willow Stock and Sky Diamond Stock is 0.0840. The variance of Willow is 0.1860, and the variance of Sky Diamond is 0.1450. What is the correlation coefficient between the return of the two stocks?
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Microeconomics: An Intuitive Approach With Calculus
Authors: Thomas Nechyba
2nd Edition
1305650468, 978-1305650466
