A stock has a standard deviation of 24.4 percent and a covariance with the market of 0.03.
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A stock has a standard deviation of 24.4 percent and a covariance with the market of 0.03. The market has a standard deviation of 12.2 percent. What is the beta of this stock?
Related Book For
Principles of Corporate Finance
ISBN: 978-1260013900
13th edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen
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