Answered: Two securities have a covariance of…

Two securities have a covariance of 0.076. If their respective standard deviations are 13% and 22%, what is their correlation coefficient? Multiple Choice O 0.72 0.95 0.22 O 0.38 0.58

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

Two securities have a covariance of 0.076. If their respective standard deviations are 13% and 22%, what is their correlation coefficient?
Multiple Choice
O
0.72
0.95
0.22
0.38
0.58

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