The Beta of a Security Is Calculated by Dividing the

Multiple Choice

The beta of a security is calculated by dividing the

A) variance of the market by the covariance of the security with the market.
B) correlation of the security with the market by the variance of the security.
C) variance of the market by the correlation of the security with the market.
D) covariance of the security with the market by the variance of the market.
E) covariance of the security with the market by the variance of the security.