In a two-security portfolio 25% of your money is invested in Security X and the remainder in Security Y.If the standard deviations of Securities X and Y are 22 % and 7 %, respectively, and the portfolio variance is 0.01155625, what is the correlation between the two securities?
A) -0.003275
B) 0.03275
C) 1.0
D) -1.0
Correct Answer:
Verified
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