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There are two possible states of the economy for next year, boom and bust, with equal probability to occur. Returns of Stock A and Stock

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There are two possible states of the economy for next year, boom and bust, with equal probability to occur. Returns of Stock A and Stock B is each state are given in the following table: Stock A Stock B Boom 0.20 0.12 Bust 0.04 0.08 Find the correlation coefficient between the two stocks. 0.5 0-1 O 1 0

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