A stock has a correlation with the market of 0.426. The standard deviation of the market is 11.5%, and the standard deviation of the stock is 39.49%. What is the stock's beta? A) 1.4262 B) 1.0971 C) 1.2946 D) 1.4628 E) 1.7554
Added by Paula M.
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426 * (0.3949 / 0.115) = 1.4628 Show more…
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