Question: Using this data: . The Standard Deviation of the returns on Stock X is 0.20 The Standard Deviation of the returns on Stock Y is

 Using this data: . The Standard Deviation of the returns on

Using this data: . The Standard Deviation of the returns on Stock "X" is 0.20 The Standard Deviation of the returns on Stock "Y" is 0.05 The Covariance of the returns on Stocks "X" and "Y" is 0.0030 What is the Correlation Coefficient ("Rho") of the returns of Asset "X" and Asset "Y"? Enter as a number (between-1 and +1, inclusive)

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