The standard deviation of return on investment A is 28%, while the standard deviation of return on

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The standard deviation of return on investment A is 28%, while the standard deviation of return on investment B is 23%. If the correlation coefficient between the returns on A and B is −0.248, the covariance of returns on A and B is __________.

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Corporate Finance A Focused Approach

ISBN: 978-1305637108

6th edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Posted Date: Jun 21, 2023 01:34 AM

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The standard deviation of return on investment A is 28%, while the standard deviation of return on

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Solution Given Standard DeviationA 28 Standard DeviationB 23 Co... View the full answer

Corporate Finance A Focused Approach

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