Consider the following returns:

Year End	Lowes Realized Return	Home Depot Realized Return
2000	20.1%	-14.6%
2001	72.7%	4.3%
2002	-25.7%	-58.1%
2003	56.9%	71.1%
2004	6.7%	17.3%
2005	17.9%	0.9%

The covariance between Lowes' and Home Depot's returns is closest to:

A) 0.10

B) 0.29

C) 0.12

D) 0.69

The correlation between Lowes' and Home Depot's returns is closest to:

A) 0.58

B) 0.29

C) 0.69

D) 0.10

The variance on a portfolio that is made up of equal investments in Lowes and Home Depot stock is closest to:

A) 0.12

B) 0.10

C) 0.69

D) 0.29