Question
Toyota Corp.'s stock price has a variance of returns of 0.0325 . Honda Corp.'s stock has a variance of returns of 0.0475 . The covariance
Toyota Corp.'s stock price has a variance of returns of0.0325. Honda Corp.'s stock has a variance of returns of0.0475. The covariance between Toyota and Honda is0.0155. What is the correlation coefficient between Toyota and Honda?
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
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