The standard deviation of return to the Indian stock market is 24.8% in local currency. The standard
Fantastic news! We've Found the answer you've been seeking!
Question:
- The standard deviation of return to the Indian stock market is 24.8% in local currency. The standard deviation of the Indian rupee against the Canadian dollar is 30.2%. Ignoring interactions between the Indian stock market and the value of the Indian rupee (i.e. the correlation between the two is zero), what is the standard deviation of return of the Indian market to a Canadian investor?
Related Book For
Posted Date: