For this and the next 4 questions: Please use the following data to answer the questions that follow. You may copy over the data to Excel and use spreadsheet functions to perform the required analyses. 1. Calculate the covariance between the Market and Stock A. 2. Calculate the COVARIANCE BETWEEN STOCK B AND MARKET. 3. What is the VARIANCE OF STOCK A? 4. What is the STANDARD DEVIATION OF THE MARKET?

Year	Market	Stock A	Stock B
1	-0.10	-0.17	0.057
2	0.08	0.20	0.057
3	0.05	0.10	0.057
4	0.15	0.25	0.057
5	0.06	0.07	0.057

		0.0145
		-0.00268
		0.0000
		0.976
		None of the above