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SHY (NYSEARCA: SHY) Is a 1−3-Year Treasury Bond Fund That

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SHY (NYSEARCA: SHY) is a 1−3-year Treasury bond fund that is considered to be a market-neutral position. Using the S&P 500 as a benchmark and five years of monthly log-return data, the rank correlation coefficient of SHY with the S&P 500 is found to be rs = -0.284. The p-value for the test is ________.


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