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Uptown Markets stock has a standard deviation of 16.8 percent and a covariance with the market of 0.02. The market has a standard deviation of
Uptown Markets stock has a standard deviation of 16.8 percent and a covariance with the market of 0.02. The market has a standard deviation of 13.7 percent. What is the correlation of this stock with the market? 0.87 0.78 0.91 0.74 0.89.
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