You are looking at stocks A and B. You know that they have betas of 1.4 and
Fantastic news! We've Found the answer you've been seeking!
Question:
You are looking at stocks A and B. You know that they have betas of 1.4 and 1.3, respectively. You know that their individual standard deviations are 10% and 19%, respectively and that the market return has a standard deviation of 9%. What is the correlation between these stocks' returns?
Related Book For
Physics for Scientists and Engineers A Strategic Approach with Modern Physics
ISBN: 978-0133942651
4th edition
Authors: Randall D. Knight
Posted Date: