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Question
Given the returns for two stocks with the following information, calculate the correlation coefficient of the returns for the two stocks. Assume the expected return for Stock 1 is 10.8 percent and 9.7 percent for Stock 2. Do not round intermediate computations.
Prob Stock 1 Stock 2
0.4 0.09 0.11
0.5 0.11 0.08
0.1 0.17 0.13
A) 0.230967
B) -0.00002548
C) 0.00032100
D) 0.17671455
Answer
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Related questions
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