Question: According to the information given below, compute the correlation coefficient and the covariance coefficient between stock A and stock B. Standard deviation of the portfolio

According to the information given below, compute the correlation coefficient and the covariance coefficient between stock A and stock B.

Standard deviation of the portfolio (stock A and stock B) : 0.37

Standard deviation of the stock A : 0.38

Standard deviation of the stock B : 0.43

Weight for stock A : 0.60

Weight for stock B : 0.40

NOTE: PLEASE SHOW HOW YOU COMPUTE EACH OF THE ITEMS.

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