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The estimated volatility of a domestic asset is (annualized standard deviation of returns). A foreign asset has a volatility of , and a correlation of
The estimated volatility of a domestic asset is (annualized standard deviation of returns). A foreign asset has a volatility of , and a correlation of with the domestic asset. What is the volatility o...
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
