Suppose there are two stocks with returns given by (-0.063, 0.054, 0.116, -0.078) and (-0.049, 0.009, 0.011,

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Suppose there are two stocks with returns given by (-0.063, 0.054, 0.116, -0.078) and (-0.049, 0.009, 0.011, - 0.009), respectively. What is the correlation between their returns? Assume the expected returns are equal to zero

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Fundamentals of Financial Management

ISBN: 978-0324597707

12th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Nov 18, 2023 03:52 AM

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Suppose there are two stocks with returns given by (-0.063, 0.054, 0.116, -0.078) and (-0.049, 0.009, 0.011,

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Fundamentals of Financial Management

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