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Why might a person be interested in calculating the covariance for two stocks? Question 5 options: The result indicates how far each stock is in
Why might a person be interested in calculating the covariance for two stocks?
Question options:
The result indicates how far each stock is in distance from the mean.
The result indicates the systematic risk found in each stock.
The result indicates how the two stocks move together in the market.
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Finance for Executives Managing for Value Creation
Authors: Gabriel Hawawini, Claude Viallet
4th edition
9781133169949, 538751347, 978-0538751346
