Suppose the covariance between the returns of the stock ghi


Suppose the covariance between the returns of the stock GHI and the returns to the market is 0.00053 and the standard deviation of market returns is 0.040. What is the beta of the stock? (Note: Here the actual numbers rather than percentages are given. So give your answer as an actual number rather than a percentage etc.)

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Financial Management: Suppose the covariance between the returns of the stock ghi
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