Question
The standard deviation of Nvidia's stock return is 14.004%. For AMD it is 17.035% and for the market it is 5.055%. The correlations between the
The standard deviation of Nvidia's stock return is 14.004%. For AMD it is 17.035% and for the market it is 5.055%. The correlations between the three are shown in the table below:
Calculate the beta of Nvidia. Enter your answer as a number accurate to three decimal places (do not enter any symbols or any other punctuation).
| Correlation Table | Market | NVIDIA | AMD |
| Market | 1.0000 | 0.6517 | 0.6193 |
| NVIDIA | 1.0000 | 0.6646 | |
| AMD | 1.0000 |
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International Financial Management
Authors: Jeff Madura
7th Edition
0324071744, 978-0324071740
