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The standard deviation of the return for Stock A is 25%, and the standard deviation of the return for Stock B is 30%. The covariance
The standard deviation of the return for Stock A is 25%, and the standard deviation of the return for Stock B is 30%. The covariance of the returns on Stock A and Stock B is 0.06. What is the correlation coefficient between the returns on Stock A and Stock B? A) 0.2 B) 0.3 C) 0.7 D) 0.8
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