Western Exports Stock Has a Standard Deviation of 15

question 29

Multiple Choice

Western Exports stock has a standard deviation of 15.6% and a covariance with the market of .0150. The market has a standard deviation of 13.7%. What is the correlation of this stock with the market?

• A).581
• B).613
• C).689
• D).702
• E).774

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Definitions:

Productive

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Productivity of Computer Programmers

A measure of the output (typically software or code) produced by programmers within a certain period of time, often assessed in terms of quality and efficiency.

Competitive Forces

External factors that influence the competitive position of a firm in an industry, including competition, customers, new entrants, substitutes, and suppliers.

Employment Discrimination

Unfair or unequal treatment of employees or job applicants based on characteristics like race, gender, age, or disability.