The standard deviation of the return for Stock A is 25%, and the standard deviation of the
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The standard deviation of the return for Stock A is 25%, and the standard deviation of the return for Stock B is 30%. The covariance of the returns on Stock A and Stock B is 0.06. What is the correlation coefficient between the returns on Stock A and Stock B?
Related Book For
Corporate Finance
ISBN: 978-1259918940
12th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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