Multiple Choice
The correlation between a stock and the market is 0.48. The standard deviation of the stock is 41 percent, and the standard deviation of the market is 23 percent. What is the beta of the stock?
A) 0.27
B) 0.58
C) 0.86
D) 0.71
E) 0.49
Correct Answer:

Verified
Correct Answer:
Verified
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