Multiple Choice
A risky security has a variance of .023983 and a covariance with the market of .0323. The variance of the market is .01839. What is the correlation of the risky security to the market?
A) 1.54
B) 1.65
C) 1.72
D) 1.83
E) 1.85
Correct Answer:
Verified
Correct Answer:
Verified
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