Question: State Probability Return on Stock C Return on Stock D 1 0.30 3 23 0.50 0.20 7% 11% -16% -9% 14% 26% Calculate the

State Probability Return on Stock C Return on Stock D 1 0.30

State Probability Return on Stock C Return on Stock D 1 0.30 3 23 0.50 0.20 7% 11% -16% -9% 14% 26% Calculate the correlation coefficient between the two stocks based on information above

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