Use the table for the question(s)below.
Consider the following returns:
-The Correlation between Stock X's and Stock Z's returns is closest to:
A)0.71.
B)0.60.
C)0.62.
D)0.05.

Question

Use the table for the question(s)below.
Consider the following returns: 
-The Correlation between Stock X's and Stock Z's returns is closest to:
A)0.71. 
B)0.60. 
C)0.62. 
D)0.05.

Quizplus · Accepted Answer

The correlation of 0.71 indicates a strong positive relationship between the returns of Stock X and Stock Z, which is the closest value among the given options.

Use the Table for the Question(s)below