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The index model has been estimated for stocks A and B with the following results: RA=0.12+0.645RM+eARB=0.04+1.472RM+eBM=0.305(e)=0.20A)=0.10 What is the correlation coefficient.between the two stocks? (Round
The index model has been estimated for stocks A and B with the following results: RA=0.12+0.645RM+eARB=0.04+1.472RM+eBM=0.305(e)=0.20A)=0.10 What is the correlation coefficient.between the two stocks? (Round your answer to 4 decimal places.)
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