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The index model has been estimated for stocks A and B with the following results: RA= 0.12 +0.685RM+ eA RB=0.04 + 1.536RM + eB Om=0.345

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The index model has been estimated for stocks A and B with the following results: RA= 0.12 +0.685RM+ eA RB=0.04 + 1.536RM + eB Om=0.345 olea) = 0.20 oleB) = 0.10 What is the correlation coefficient between the two stocks? (Round your answer to 4 decimal places.) Correlation coefficient

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