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Using this data: The Standard Deviation of the returns on Asset A is 0.20 The Standard Deviation of the returns on Asset B is 0.05
Using this data:
- The Standard Deviation of the returns on Asset "A" is 0.20
- The Standard Deviation of the returns on Asset "B" is 0.05
- TheCovarianceof the returns on Assets "A" and "B" is 0.0030
What is theCorrelation Coefficient("Rho") of the returns of Asset "A" and Asset "B"?
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
