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The Common Stock of Blasco Books Has a Standard Deviation

question 51

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The common stock of Blasco Books has a standard deviation of 16.4 percent as compared to the market standard deviation of 12.7 percent.The covariance of this stock with the market is .0217.What is the beta of Blasco Books' stock?


Definitions:

Apex

The top or highest part of something, often used to describe the pointed end of the heart.

Circumflex Artery

An artery that branches off from the coronary arteries to supply the heart muscle with oxygenated blood.

Inferior Vena Cava

The largest vein in the human body, which carries deoxygenated blood from the lower and middle body into the right atrium of the heart.

Pulmonary Vein

A vascular channel that transports blood enriched with oxygen from the lungs to the heart's left atrium.

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