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When the marginal and conditional probabilities are known or can be easily determined directly, what property do we use?
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- The correlation of returns between Stocks A and B is 0.50. The covariance between these two securities is 0.0043, and the standard deviation of the return of Stock B is 26%. The variance of returns for Stock A is:A. 0.0011.B. 0.0331.C. 0.2656.
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