MissItaliana86
Jun 9, 2009, 04:29 PM
I'm sort of at a loss, my book doesn't seem to explain it well.
Here is the question:
The standard deviation of stock returns for stock A is 40%. The standard deviation of the market return is 20%. If the correlation between Stock A and the market is 0.70, what is Stock A's beta?
Any help is appreciated! :)
Here is the question:
The standard deviation of stock returns for stock A is 40%. The standard deviation of the market return is 20%. If the correlation between Stock A and the market is 0.70, what is Stock A's beta?
Any help is appreciated! :)