The covariance between Astro Corp. and the SMP 500 is 0.30. The standard deviation of the stock

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The covariance between Astro Corp. and the SMP 500 is 0.30. The standard deviation of the stock market is 25%. What is the beta of Astro?

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Principles of Corporate Finance

ISBN: 978-1260013900

13th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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Posted Date: Nov 06, 2023 02:09 AM

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The covariance between Astro Corp. and the SMP 500 is 0.30. The standard deviation of the stock

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The beta of Astro is 12 The beta of a stock is a measure of its volatility relative to th... View the full answer

Principles of Corporate Finance

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