Question
The standard deviation of a stock's annual returns is 36.8%. The standard deviation of market returns is 25.4%. If the correlation between the returns of
The standard deviation of a stock's annual returns is 36.8%. The standard deviation of market returns is 25.4%. If the correlation between the returns of the stock and the market is 0.2, what is this stock's beta? Round to two decimal places.
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
