A risky security has a variance of .023983 and a covariance with the market of .0323. The variance of the market is .01839. What is the correlation of the risky security to the market?
A)1.54
B)1.65
C)1.72
D)1.83
E)1.85

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The Answer of A risky security has a variance of .023983 and a covariance with the market of .0323. The variance of the market is .01839. What is the correlation of the risky security to the market?
A)1.54
B)1.65
C)1.72
D)1.83
E)1.85

A Risky Security Has a Variance of