1. Suppose we have the following returns for the market and a stock: Year Market return 18% 27% 5% 13% -17% 6% -21% 34% 19% 11% Stock return 7% 25% 21% 4% -16% 19% -38% 29% 15% 16% 10 What is the covariance and correlation of the returns between this stock and the market? Covariance: 3 Correlation: 9 Beta: Use Covar Function Use Correl Function Use Slope Function