What is the value of the value weighted index? number of Stock Share price shares December 31- 2008 A $12 1,000,000 B 15 6,000,000 C 18 Correlation coefficient can be estimated by 5,000,000 December 31- 2009 O a. The product of variance of each stock divided by the covariance O b. Covariance divided by the product of standard deviation of each stock O c. The product of standard deviation of each stock divided by the covariance O d. Covariance divided by the product of variance of each stock A $15 1.000.000 B 10 12,000,000 5,500,000 C 17 O a. 119 O b. 1.19 O c..119 O d. 1190