单选题
An analyst developed the following data on Stock X and the market:
Return on the market =0.1200
Covariance between the return on
Stock X and the return on the market = 0.0288
Correlation
coefficient between the return on Stock X and the return on the market =
0.8000
Standard deviation of the returns on Stock X =
0.1800
Standard deviation of the returns on the market =
0.2000
Based on the data above, the beta of Stock X is:
- A. 0.144.
- B. 0.720.
- C. 0.800.