Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 03, 2024

The standard deviation of a stocks annual returns is 43.9%. The standard deviation of market returns is 23.1%. If the correlation between the returns of

The standard deviation of a stocks annual returns is 43.9%. The standard deviation of market returns is 23.1%. If the correlation between the returns of the stock and the market is 0.4 , what is this stock's beta? Round to two decimat places

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sport Finance

Authors: Gil Fried, Timothy D. DeSchriver, Michael Mondello

3rd Edition

1450421040, 978-1450421041

More Books

Students also viewed these Finance questions

Question

★★★★★

Which of the decision-making biases played a potential role in the disaster?

Answered: 1 week ago

Question

★★★★★

What types of experiences can hinder the normal progression of language development?

Answered: 1 week ago

Question

★★★★★

Dubois sold Hocking a condominium that included an option to participate in a rental pool arrangement. Hocking elected to participate in the arrangement. Under it, the rental pool's agent rented...

Answered: 1 week ago

Question

★★★★★

compare between the two cases and comment on the result 1. the following information about ABC company's bond, par value= $1,000 maturity years = 15 coupon rate = 8% YTM = 6.18. Calculate the bond...

Answered: 1 week ago

Question

★★★★★

Required information (The following information applies to the questions displayed below.) Use the following selected account balances of Delray Manufacturing for the year ended December 31 Sales Raw...

Answered: 1 week ago

Question

★★★★★

Mr. Dizon would like to determine the average daily allowance of Harvard students What is the: Population VAriable of interest Type of variable (quantitative or qualitative) The Harvard marketing...

Answered: 1 week ago

Question

★★★★★

Scenario #1 A manufacturer advertises that its hand sanitizer kills the "Covid-19 virus on contact." The manufacturer has tested its hand sanitizer for effectiveness against other viruses, but not...

Answered: 1 week ago

Question

★★★★★

The Dallas Morning News reported the findings of a study by the Department of Transportation that examined the effect on average airfares when new, low priced carriers, such as Southwest Airlines or...

Answered: 1 week ago

Question

★★★★★

Alison, Blanca, Jaime, and Cuong are still relatively new employees at Deloitte. At least once a week, they use their workstation computers to watch videos of lectures or how-to guides, play games...

Answered: 1 week ago

Question

★★★★★

Edward Schieffelin and Robert Crittendens Like People in a Dream is a richly told account of fi rst contact between two cultures. In 1935 white explorers went into interior parts of New Guinea where...

Answered: 1 week ago

Question

★★★★★

How do cultures and social communities shape communication?

Answered: 1 week ago

Question

★★★★★

Identify ways that you do and do not fi t generalizations for communication by members of your sex that were discussed in this chapter. What about yourace, ethnicity, sexual orientation, etc.might...

Answered: 1 week ago

Previous Question Next Question