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You have been asked to estimate the firm's beta. The firm is a small private company. You know the standard deviation for the Russell 2000

You have been asked to estimate the firm's beta. The firm is a small private company. You know the standard deviation for the Russell 2000 Index is 1.04. The firm's standard deviation over the same period is 1.64. You ran a regression and estimated the correlation between the firm and the Russell 2000 to be 1.88.

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