NFLX's standard deviation is 46% and the market's standard deviation is 20%. The correlation between...
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NFLX's standard deviation is 46% and the market's standard deviation is 20%. The correlation between the returns of NFLX and the market is -0.4. What percent of NFLX's variance is systematic?
Provide your answer in percent, rounded to two decimals, omitting the % sign.
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