Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the covariance of security A to the market given the following information? standard deviation of security A returns=8% standard deviation of market returns=3%
What is the covariance of security A to the market given the following information?
standard deviation of security A returns=8%
standard deviation of market returns=3%
CORRLEATION= correlation(.08/.03)=1.1
ANYWAY you should know how to do it
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started