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The standard deviation of returns on Stock X is 10%, while the standard deviation of return on Stock Y is 4%. If the correlation coefficient
The standard deviation of returns on Stock X is 10%, while the standard deviation of return on Stock Y is 4%. If the correlation coefficient between the returns on X and Y is -.50, the covariance of returns on A and B is ________.
A. 0.0447
B. -0.0447
C. -0.0020
D. 0.0020
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