The covariance of the returns between Wildcat Stock and Sun Devil Stock is 0.09875. The variance of Wildcat is 0.2116, and the variance of Sun Devil is 0.1369. What is the correlation coefficient between the returns of the two stocks?
A) 0.170200
B) 0.293347
C) 0.340823
D) 0.578731
Ans: D) 0.578731
Business
You might also like to view...
Why is it especially important to be able to identify and evaluate analogies?
What will be an ideal response?
Business
When a lawsuit involves title to real property, what venue usually governs?
a. Where the property is located b. Where the plaintiff resides c. Where the defendant resides d. All of the above
Business