Use the Table for the Question(s)below

question 70

Multiple Choice

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

• A)0.05.
• B)0.06.
• C)0.10.
• D)0.71.

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Definitions:

Pollution Permits

Licenses issued by governments that allow the holder to emit a certain amount of pollutants; used as a means to control environmental pollution.

Pollution Reduction

Initiatives or approaches focused on reducing the level of pollutants emitted into the surroundings.

Pollution Permits

Certificates that allow entities to emit a certain amount of pollutants; can be bought, sold, or traded in a regulatory market.

Marginal Benefits

The additional enjoyment or advantage obtained from using one more unit of a good or service.