A risky security has a variance of .035109 and a covariance with the market of .0222. The variance of the market is .019538. What is the correlation of the risky security to the market?
A) .51
B) .65
C) .72
D) .82
E) .85

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The Answer of A risky security has a variance of .035109 and a covariance with the market of .0222. The variance of the market is .019538. What is the correlation of the risky security to the market?
A) .51
B) .65
C) .72
D) .82
E) .85

A Risky Security Has a Variance of