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The index model has been estimated for stocks A and B with the following results: RA 0.12 +0.610 RM+eA RB 0.04 1.416 RM+ eB OM-0.270

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The index model has been estimated for stocks A and B with the following results: RA 0.12 +0.610 RM+eA RB 0.04 1.416 RM+ eB OM-0.270 O(eA) 0.20 O(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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