Multiple Choice
Western Exports stock has a standard deviation of 15.6 percent and a covariance with the market of 0.0150.The market has a standard deviation of 13.7 percent.What is the correlation of this stock with the market?
A) 0.58
B) 0.61
C) 0.68
D) 0.70
E) 0.77
Correct Answer:
Verified
Correct Answer:
Verified
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