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:

Teflon

A synthetic fluoropolymer of tetrafluoroethylene that has numerous applications due to its high resistance to heat, chemicals, and electricity.

Addition Polymer

Polymers formed by the sequential addition of monomer units with double or triple bonds, resulting in a long chain molecule without the loss of any small molecule byproducts.

Orlon

A synthetic fiber known for its strength and resistance to weathering, often used in clothing and home furnishings.

Kevlar

A strong synthetic fiber known for its high tensile strength and thermal stability, used in body armor and various applications.