FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The standard deviation of Shamrock Corp, stock is 15 percent. The standard deviation of Cara Co, stoek is 10 percent. The covariance between these two

image text in transcribed
The standard deviation of Shamrock Corp, stock is 15 percent. The standard deviation of Cara Co, stoek is 10 percent. The covariance between these two stocks is 67. What is the correlation between. Shamrock and Cara stock? Round your answer to four decimal places

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

Innovation And Finance

Innovation And Finance

Authors: Andreas Pyka, Hans-Peter Burghof

1st Edition

0415696852, 978-0415696852

More Books

Students also viewed these Finance questions

Question

Evaluate the changes that took place in the segmentation of Powerdrives market.

Answered: 1 week ago

Question

★★★★★
An inexperienced accountant prepared this condensed income statement for Wright Company, a retail firm that has been in business for a number of years. WRIGHT COMPANY Income Statement For the Year...

Answered: 1 week ago

Question

★★★★★
Cul de las siguientes afirmaciones sobre los bonos cupn cero es FALSA? a Cuando los bonos vencen, la empresa emisora se enfrenta a una pequea salida de efectivo en relacin con la entrada de efectivo...

Answered: 1 week ago

Question

★★★★★
Use the R language. Q6. Use a single R expression and the the sample variance formula 82-,L -( z )2 to calculate the sample variance of the weight in the chickwts data set Q7. Using a single R...

Answered: 1 week ago

Question

★★★★★
How does this independent work further your course of study? What specific courses have you taken which prepare you for the work? What qualifications do you have to prepare you for this directed...

Answered: 1 week ago

Question

★★★★★
The bar graph shows that life expectancy, the number of years newborns are expected to live, in a particular region has increased dramatically since ancient times. Find the percent increase in...

Answered: 1 week ago

Question

★★★★★
The rise of e-commerce and aircargo (2015- present) and movetowards a sustainable futurewrite INTRODUCTION (500 words) Air cargo E-commerce Relationship between air cargoand E-commerce Sustainability...

Answered: 1 week ago

Question

★★★★★
Capital Weightings and WACC Calculation The market values of KO's common stock and preferred stock are $211,296 million and $101 million, respectively. Coca-Cola has total debt outstanding with a...

Answered: 1 week ago

Question

★★★★★
(12 points) 4. The demand and supply for the cleaning and grooming of a pet are given for two prices Demand Supply Price 680 815 105 780 735 85 a. Find the linear demand equation. b. Find the linear...

Answered: 1 week ago

Question

★★★★★
design a simple performance appraisal system

Answered: 1 week ago

Question

★★★★★
2. What are the main advantages and disadvantages of using 360 degree appraisal?

Answered: 1 week ago

Question

★★★★★
4. How can social media be used to check a candidates experience and qualifications?

Answered: 1 week ago

Previous Question Next Question