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The market has a standard deviation of 13.4 percent (0.134) while a risky security has a standard deviation of 27.2 percent (0.272). The covariance of
The market has a standard deviation of 13.4 percent (0.134) while a risky security has a standard deviation of 27.2 percent (0.272). The covariance of the stock with the market is .0173. What's the beta of the stock?
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