Question
The index model has been estimated for stocks A and B with the following results: RA = 0.12 + 0.630RM + eA RB = 0.04
The index model has been estimated for stocks A and B with the following results: RA = 0.12 + 0.630RM + eA RB = 0.04 + 1.448RM + eB M = 0.290 A = 0.2709 B = 0.4317 What is the correlation coefficient between the two stocks? (Round your answer to 4 decimal places.)
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The ABCs Of Personal Finance
Authors: Bukiie Smart
1st Edition
198092614X, 978-1980926146
