Problemthe covariance of the returns between willow stock, Ask an Expert

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Problem:

The covariance of the returns between Willow Stock and Sky Diamond Stock is 0.0920. The variance of Willow id 0.1470, and the variance of Sky Diamond is 0.1060.

Required:

Question: What is the correlation coefficient between the return of the two stock?

Note: Please show how to work it out.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91162326

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