reyrocks1636 reyrocks1636

28-03-2024
Business

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Uptown Market's stock has a standard deviation of 16.8% and a covariance with the market of 0.02. The market has a standard deviation of 13.7%. What is the correlation of this stock with the market?
a) 0.146
b) 0.098
c) 0.013
d) 0.235

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