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4. Discuss whether you would expect any change in the correlations between returns on shares in Ghana and returns on shares in Egypt over time.

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4. Discuss whether you would expect any change in the correlations between returns on shares in Ghana and returns on shares in Egypt over time. If so, why? (5 marks) 5. Briefly explain any four (4) sources of investment risk. (2 marks) 6. Discuss why estimating the value for a bond is easier than estimating the value for shares. (4 marks) 7. At a lunch with some business associates, you discuss the reason for the relationship between the economy and the stock market. One of your associates contends that she has heard that stock prices typically turn before the economy does. How would you explain this phenomenon? (2 marks)

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