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The index model has been estimated for stocks A and B with the following results: RA= 0.12 +0.620RM+eA RB=0.04 + 1.432RM+ eB OM= 0.280 Ole

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The index model has been estimated for stocks A and B with the following results: RA= 0.12 +0.620RM+eA RB=0.04 + 1.432RM+ eB OM= 0.280 Ole A) = 0.20 gleg) = 0.10 What is the correlation coefficient between the two stocks? (Round your answer to 4 decimal places.) Correlation coefficient

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