Question: Additional Problem 8-4 The index model has been estimated for stocks A and B with the following results: RA= 0.12 +0.695RM + eA RB= 0.04

Additional Problem 8-4 The index model has been estimated for stocks

Additional Problem 8-4 The index model has been estimated for stocks A and B with the following results: RA= 0.12 +0.695RM + eA RB= 0.04 + 1.552RM+ EB om=0.355 (EA) = 0.20 O(EB) = 0.10 What is the correlation coefficient between the two stocks? (Round your answer to 4 decimal places.) Correlation coefficient

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