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The standard deviation of stock A's return is 35%. The variance of the market's return is 0.0625. The correlation coefficient between the returns of stock
The standard deviation of stock A's return is 35%. The variance of the market's return is 0.0625. The correlation coefficient between the returns of stock A and the market is 0.55. Stock A's beta is closest to:
A) 0.35
B) 0.39
C) 0.55
D) 0.77
E) 3.08
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