Computing covariance of the market returns

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Question: Given the market's return's standard deviation of 7%, the standard deviation of a stock's returns of 6.5%, and a covariance of the market's returns with the stock's returns of 0.002, compute for the beta of the stock. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131794023

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