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Question
The market has a standard deviation of 10.8 percent (0.108) while a risky security has a standard deviation of 22.5 (0.225) percent. The covariance of the stock with the market is .0149. What is the beta of the stock?A. 1.09
B. 1.11
C. 1.15
D. 1.19
E. 1.28
Answer
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Related questions
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