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?

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Principles of Corporate Finance

ISBN: 978-1260013900

13th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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Posted Date: Feb 29, 2024 06:03 AM

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A stock has a standard deviation of 24.4 percent and a covariance with the market of 0.03.

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The beta of the stock is 202 We can calculate the beta using the followi... View the full answer

Principles of Corporate Finance

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