What Is the Correlation Coefficient for Two Assets with a Covariance

question 2

Multiple Choice

What is the correlation coefficient for two assets with a covariance of .0032, if asset 1 has a standard deviation of 12 percent and asset 2 has a standard deviation of 9 percent?

• A) 0.2963
• B) 0.3456
• C) 0.8721
• D) 1.5980

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Definitions:

Subsequent Encounter

A term used in medical billing and coding to denote a follow-up visit for care or treatment after the initial episode of care.

Fracture

A break in bone or cartilage, which can range from a small crack to a complete break.

Seventh Characters

Additional characters in some coding systems used to provide more specific information about a condition.

Subsequent Encounter

A term used in medical billing and coding to indicate an appointment or treatment after the initial encounter for a condition.