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Calculate the correlation of the two stocks below based on the scenario forecasts given: Probability Atlantis Co. Baltazaar Inc. Boom 0.3            9 14% Normal 0.6...

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Finance

Calculate the correlation of the two stocks below based on thescenario forecasts given:

ProbabilityAtlantis Co.Baltazaar Inc.
Boom0.3           914%
Normal0.6              134%
Bust0.1-10%-6%

Provide your answer in decimals, rounded to two decimals.

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Solution The correlation between the stocks    See Answer
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Calculate the correlation of the two stocks below based on thescenario forecasts given:ProbabilityAtlantis Co.Baltazaar Inc.Boom0.3           914%Normal0.6              134%Bust0.1-10%-6%Provide your answer in decimals, rounded to two decimals.

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