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Calculate the covariance of monthly returns for a REIT and the market portfolio given the following returns. (Answer as a number to four decimal places)
Calculate the covariance of monthly returns for a REIT and the market portfolio given the following returns. (Answer as a number to four decimal places)
| Month | REIT | Market |
| 1 | 0.0505 | 0.0199 |
| 2 | 0.1096 | 0.0156 |
| 3 | 0.0099 | 0.0164 |
| 4 | 0.0278 | 0.0125 |
| 5 | 0.0446 | -0.0458 |
| 6 | 0.0196 | 0.0206 |
| 7 | -0.0509 | -0.0312 |
| 8 | 0.0844 | 0.0294 |
| 9 | -0.0134 | -0.0473 |
| 10 | 0.1041 | 0.0087 |
| 11 | -0.0630 | -0.0979 |
| 12 | -0.0376 | 0.0074 |
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Principles Of Managerial Finance
Authors: Chad Zutter, Scott Smart
16th Global Edition
1292400641, 978-1292400648
