单选题
An analyst does research about correlation and gathers the following information about two stocks:
Stock | Portfolio Weight | Standard Deviation |
1 | 0.3 | 6.5% |
9 | 0.7 | 3.5% |
If the portfolio's standard deviation is 4.4%, the correlation between the two securities is closest to:
A. 0.39
B. 0.88
C. 1.00