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The returns in the broader market has a variance of 203, and the covariance between the returns to stock X and market returns is 10.
The returns in the broader market has a variance of 203, and the covariance between the returns to stock X and market returns is 10. What is the beta of stock X? Stock X has a standard deviation 20% A. 0.05 B. 0.35 C. 0.18 D. 3.5
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