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Uptown Markets Stock Has a Standard Deviation of 16

Question 67

Multiple Choice

Uptown Markets stock has a standard deviation of 16.8% and a covariance with the market of .02. The market has a standard deviation of 13.7%. What is the correlation of this stock with the market?


A) .743
B) .781
C) .869
D) .894
E) .915

Correct Answer:

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