Question
The standard deviation on the returns of stock GGHY is 28.00%, The standard deviation of return on stock VBHJ is 23.00%. The correlation coefficient between
The standard deviation on the returns of stock GGHY is 28.00%, The standard deviation of return on stock VBHJ is 23.00%. The correlation coefficient between the two stocks is -.248. Using this information; the covariance of returns on GGHY and VBHJ is:
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Economics For Investment Decision Makers
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
1st Edition
1118111966, 9781118111963
