Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The standard deviation of return on investment A is 0.25, while the standard deviation of return on investment B is 0.14. of the covariance of

The standard deviation of return on investment A is 0.25, while the standard deviation of return on investment B is 0.14. of the covariance of returns of A and B is 0.0026, the correlation coefficient between the returns on A and B is _____

A)0.0743

B)0.0677

C)0.0814

D)0.0536

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Python For Finance

Authors: Yves Hilpisch

2nd Edition

1492024333, 978-1492024330

More Books

Students also viewed these Finance questions

Question

What is the orientation toward time?

Answered: 1 week ago

Question

4. How is culture a contested site?

Answered: 1 week ago