The covariance between the returns on Zion shares and the returns on the ASX200 market index is 0.0112. The standard deviation of the returns on ASX200 is 14%. The standard deviation of the returns on Zion shares is 10%. What is the beta of Zion shares? Group of answer choices0.57 0.16 0.55 0.08 1.12

The covariance between the returns on Zion shares and the returns on the ASX200 market index is 0.0112. The standard deviation of the returns on ASX200 is 14%. The standard deviation of the returns on Zion shares is 10%. What is the beta of Zion shares? Group of answer choices0.57 0.16 0.55 0.08 1.12

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter3: Risk And Return: Part Ii

Section: Chapter Questions

Problem 1P: The standard deviation of stock returns for Stock A is 40%. The standard deviation of the market...

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