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The index model has been estimated for stocks A and B with the following results: RA=0.12+0.630RM+eARB=0.04+1.448RM+eBM=0.290(eA)=0.20(eB)=0.10 What is the correlation coefficient between the two stocks?

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The index model has been estimated for stocks A and B with the following results: RA=0.12+0.630RM+eARB=0.04+1.448RM+eBM=0.290(eA)=0.20(eB)=0.10 What is the correlation coefficient between the two stocks? Note: Round your answer to 4 decimal places. The index model has been estimated for stocks A and B with the following results: RA=0.12+0.630RM+eARB=0.04+1.448RM+eBM=0.290(eA)=0.20(eB)=0.10 What is the correlation coefficient between the two stocks? Note: Round your answer to 4 decimal places

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