A portfolio is composed of two stocks a and b stock a has a


A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return of 17%, while stock B has a standard deviation of return of 23%. Stock A comprises 70% of the portfolio, while stock B comprises 30% of the portfolio. If the variance of return on the portfolio is .032, the correlation coefficient between the returns on A and B is _________.

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Financial Management: A portfolio is composed of two stocks a and b stock a has a
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