Use the Table for the Question(s)below

question 133

Multiple Choice

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

• A)0.10.
• B)0.29.
• C)0.12.
• D)0.69.

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Definitions:

Board of Directors

A group of individuals elected to represent shareholders and govern the affairs of a corporation.

Operations Combine

The integration of different business operations or activities to achieve greater efficiency or synergy.

Directors Approval

A formal endorsement by a company's board of directors to proceed with an action or decision.

Merger Plan

A strategic blueprint for combining two or more companies into a single entity, detailing the legal, financial, and operational steps involved.