The index model has been estimated for stocks A and B with the following results:

R_A = 0.12 +0.665R_M + e_A

R_B = 0.04 + 1.504R_M + e_B

_M = 0.325

(e_A) = 0.20

(e_B) = 0.10

What is the correlation coefficient between the two stocks

The index model has been estimated for stocks A and B with the following results: RA= 0.12 +0.665RM+ EA RB=0.04 +1.504RM+ eB om=0.325 ole A) = 0.20 (EB) = 0.10 What is the correlation coefficient between the two stocks? (Round your answer to 4 decimal places.) Correlation coefficient