Question
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 sample covariance between IBM and the S&P 500?
| between .0005 and .0007 | ||
| between .0007 and .0009 | ||
| between .0009 and .0011 | ||
| between .0011 and .0013 | ||
| between .0013 and .0015 |
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Financial Accounting A Focus On Interpretation And Analysis
Authors: Richard F Kochanek, A Douglas Hillman
7th Edition
1111061750, 9781111061753
