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1.) Assume that the standard deviation of returns is 0.5 for security A and 0.68 for security B. The covariance between the two securities' returns

1.) Assume that the standard deviation of returns is 0.5 for security A and 0.68 for security B. The covariance between the two securities' returns is 0.2108. What is the correlation coefficient between the returns of the two? ______(round to two decimal places)

2.)

Apple Microsoft Target Goodyear
Standard Deviation 41% 22% 30% 33%
Apple 1 0.48 0.38 0.31
Microsoft 0.48 1 0.39 0.22
Target 0.38 0.39 1 0.50
Goodyear 0.31 0.22 0.50 1

The covariance between Microsoft and Goodyear's return is______(round to three decimals)

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