question archive QUESTION3 a Describe how correlation is related to covariance? Use the mathematical formulae to illustrate your answer
QUESTION3 a Describe how correlation is related to covariance? Use the mathematical formulae to illustrate your answer
Subject:FinancePrice:2.86 Bought7
QUESTION3 a Describe how correlation is related to covariance? Use the mathematical formulae to illustrate your answer. . (5 marks) b) The CAPM states that the expected return on a security is positively related to the security's beta. Find the expected return in Stock X. given the beta of 1.5 the risk free of 3%, and expected return on the market of 10%
