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The index model has been estimated for stocks A and B with the following results: RA = 0.12 +0655RM + eA RB-004 + 1488RM eB

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The index model has been estimated for stocks A and B with the following results: RA = 0.12 +0655RM + eA RB-004 + 1488RM" eB OM-0315 (eA)-0.20 (eB)-0.10 What is the correlation coefficient between the two stocks? (Round your answer to 4 decimal places.) Correlation coefficient

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