CISCO System's Stock Has a Correlation with the Market of 0.65.CISCO's

question 68

Multiple Choice

CISCO System's stock has a correlation with the market of 0.65.CISCO's standard deviation of returns is 45% and standard deviation of the market is 20%.What is CISCO System's beta?

• A) 0.29
• B) 0.85
• C) 1.19
• D) 1.46
• E) 1.76