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The variance of return for Stock A is 22 percent, and the variance of return for Stock B is 28 percent. The covariance between Stock
The variance of return for Stock A is 22 percent, and the variance of return for Stock B is 28 percent. The covariance between Stock A and Stock B is -.2. What is the correlation between Stocks A and B?
Group of answer choices a. -0.7 b. - 0.8 c. -0 .9 d. -1.0
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