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Assume IBM has the returns of 10%, 15%, 12%, 16%, and 18% over the past five years. The corresponding returns for the S$P 500 are
Assume IBM has the returns of 10%, 15%, 12%, 16%, and 18% over the past five years. The corresponding returns for the S$P 500 are 8%, 12%, 11%, 13%, and 14%. What is the correlation between IBM and the S&P 500?
| between .5 and .7 | ||
| between .7 and .9 | ||
| between .9 and 1.1 | ||
| between 1.1 and 1.3 | ||
| between 1.3 and 1.5 |
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