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The index model has been estimated for stocks A and B with the following results: RA=0.12+0.670RM+eARB=0.04+1.512RM+hBBM=0.330(eA)=0.20B(eB)=0.10 What is the correlation coefficient between the two stocks?

The index model has been estimated for stocks A and B with the following results: RA=0.12+0.670RM+eARB=0.04+1.512RM+hBBM=0.330(eA)=0.20B(eB)=0.10 What is the correlation coefficient between the two stocks? (Round your answer to 4 decimal places.)

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