Consider the following returns:

Yearminus

End	Lowes Realized Return	Home Depot Realized Return	IBM Realized Return
2000	20.2

%

minus

14.6%	0.2%
2001	72.7%	4.9

%

minus

3.2%
2002	minus

25.7%

minus

58.1%

minus

27.0%
2003	56.3

%

71.4

%	27.9%
2004	6.7%	17.3%	minus

5.1%
2005	17.9%	0.9%	minus

11.3%

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

A.

0.31

B.

0.1

C.

0.12

D.

0.72