AAFM CWM_LEVEL_2 Question Answer
Section A (1 Mark)
The covariance of market’s returns and stock returns is 0.005. The standard deviation of market’s return is 5%. What is the stock’s beta?
AAFM CWM_LEVEL_2 Question Answer
Section A (1 Mark)
The covariance of market’s returns and stock returns is 0.005. The standard deviation of market’s return is 5%. What is the stock’s beta?