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You are given the following information from the Sea Breeze hotel: Standard deviation of Sea Breeze hotel = 19% Standard deviation of the market= 12%

You are given the following information from the Sea Breeze hotel:

Standard deviation of Sea Breeze hotel = 19%

Standard deviation of the market= 12%

Beta () of the Sea Breeze hotel = 1.25

Based on this information, the correlation coefficient of the returns from Sea Breeze and the market is equal to..

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0.879

0.789

0.881

0.987

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