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(Choose 1 answer)
(20684)Given the returns for two stocks with the following information, calculate the correlation coefficient of the returns for the two stocks. Assume the expected return is 14.4 percent for Stock 1 and 15.9 percent for Stock 2.
Prob Stock 1
Stock 2
0.5 0.11 0.18
0.3 0.17 0.15 0.2 0.19 0.12
A. 0.001204001
B. 0.000549003
C. -0.00271370
D. -0.971689
