Suppose the correlation between the stock euro returns of Siemens and the USD/EUR exchange rate is 0.2.
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Suppose the correlation between the stock euro returns of Siemens and the USD/EUR exchange rate is 0.2. The standard deviation of the USD/EUR is 10% and the standard deviation of Siemens's stock euro returns are 15%. What is the standard deviation of Siemen's stock returns expressed in US dollars?
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To calculate the standard deviation of Siemens stock returns expressed in US dollars we need to cons... View the full answer
Related Book For 
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
Posted Date:
