The Covariance of the Returns Between Einstein Stock and Bohr

question 53

Multiple Choice

The covariance of the returns between Einstein Stock and Bohr Stock is 0.0087. The standard deviation of Einstein is 0.26, and the standard deviation of Bohr is 0.37. What is the correlation coefficient between the returns of the two shares?

• A) 0.090437
• B) 0.096200
• C) 0.90437
• D) 0.96200

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Definitions:

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Defined areas under the authority of certain governmental entities where specific laws, regulations, and powers are applied and enforced.

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