Use the Table for the Question(s)below

question 53

Multiple Choice

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

• A)0.71.
• B)0.60.
• C)0.62.
• D)0.05.

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Definitions:

Commercial Banks

The largest and oldest of all financial institutions, relying mainly on checking and savings accounts as sources of funds for loans to businesses and individuals.