Use the Table for the Question(s)below

question 22

Multiple Choice

Use the table for the question(s) below.
Consider the following returns:
-The Correlation between Stock X's and Stock Y's returns is closest to:

• A)0.58.
• B)0.29.
• C)0.69.
• D)0.10.

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Definitions:

Passenger Cars

Vehicles designed primarily for the transport of passengers and their personal baggage, usually having four wheels and seating for up to eight people.

Pickup Trucks

A type of vehicle with an enclosed cab and an open cargo area with low sides and tailgate.

Service Charge

A fee collected for the provision of a service, often added to the cost of transactions in financial services.

Car Insurance

Car insurance is a contract between a vehicle owner and an insurance company, offering financial protection against loss or damage to the vehicle and liability against accidents involving the vehicle.