Homework Help is Here – Start Your Trial Now!
Business
Finance
What is a beta of common shares of Revolve Group, Inc., if: The correlation coefficient between the common shares of Revolve Group, Inc. and the S&P 500 Index is -0.29  Standard deviation of common shares of Revolve Group, Inc.: 34.08 % Standard deviation of S&P 500 Index: 8.5% show answer with 4 digits after a decimal point.

What is a beta of common shares of Revolve Group, Inc., if: The correlation coefficient between the common shares of Revolve Group, Inc. and the S&P 500 Index is -0.29  Standard deviation of common shares of Revolve Group, Inc.: 34.08 % Standard deviation of S&P 500 Index: 8.5% show answer with 4 digits after a decimal point.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
See similar textbooks
icon
Related questions
Question

12) What is a beta of common shares of Revolve Group, Inc., if:

  • The correlation coefficient between the common shares of Revolve Group, Inc. and the S&P 500 Index is -0.29 
  • Standard deviation of common shares of Revolve Group, Inc.: 34.08 %
  • Standard deviation of S&P 500 Index: 8.5%

show answer with 4 digits after a decimal point.    

Expert Solution
steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Stock Market Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS