Suppose you are interested in finding the relationship between the monthly highest prices of a stock and

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Suppose you are interested in finding the relationship between the monthly highest prices of a stock and risk-free interest rates. A regression of the highest stock prices against the risk-free interest rates shows that the slope of the regression line is positive. What does this tell you about the relationship between the monthly highest prices and risk-free interest rates?

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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