Question: You are trying to determine the correlation coefficient between two securities, A and B. You know that the standard deviation of the two securities are

You are trying to determine the correlation coefficient between two securities, A and B. You know that the standard deviation of the two securities are 0.029 and 0.009 respectively. You also know that the covariance between the two securities is 0.0001. The correlation between the two securities is:

Select one:

a. 1

b. Cannot determine from the information given

c. 0.38

d. 0

e. -0.61

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