Question 55 3 points Save Answer Correlation Coefficients Telmex Mexico World SD E(R) (%) (%) Telmex 1.00 0.76 0.25 16.9 ? Mexico 1.00 0.58 14.3 13.7 World 1.00 11.7 10.5 The above table provides the correlations among Telmex, a telephone/communication company located in Mexico, the Mexico stock market index, and the world market index, together with the standard deviations (SD) of returns and the expected returns E(R). The risk- free rate is 4.8%. Compute the world beta of Telmex (XXX)