Question: Please show step by step calculations using a calculator. Thank you! A stock has a correlation with the market of 0.48 . The standard deviation

Please show step by step calculations using a calculator. Thank you! A

Please show step by step calculations using a calculator. Thank you!

A stock has a correlation with the market of 0.48 . The standard deviation of the market is 28%, and the standard deviation of the stock is 36%. What is the stock's beta? Multiple Choice 1.62 0.62 0.37 0.38

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