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1. What is the standard deviation of Stock Y? 2. What is the covariance of the returns of Stock X with the returns of Stock
1. What is the standard deviation of Stock Y?
2. What is the covariance of the returns of Stock X with the returns of Stock Y?
3. What is the correlation of Stock X and Stock Y?
Year Stock X Stock Y 1 8.00% -8.00% 2 -7.00% 11.00% 3 16.00% 4.00% 4 4 0.00% 7.00% 5 12.00% 2.00% What is the correlation of Stock X and Stock YStep by Step Solution
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