Correlation coefficient by change of rate of return

rragas

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Sep 2, 2006
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Every time a certain asset A sees a 1 percent jump in rate of return, the return on asset B sees exactly a 0.5 percent decrease (with no error). What is the correlation coefficient between the returns of these two assets?
 
I'm not sure how to approach this. Perhaps you could elaborate a bit more. Are there certain equations that you use?
 
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