medium · Quantitative Finance prob-stats

Consider a bivariate normal distribution for the returns of two stocks X and Y with means μ_X=0.05, μ_Y=0.08, standard deviations σ_X=0.15, σ_Y=0.25, and correlation ρ=0.6.

If stock X is observed to have a return of 0.10, what is the conditional expected return of stock Y?

  1. 0.095
  2. 0.13
  3. 0.18
  4. 0.11

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