Hello, I am re-asking this question 3 because I have not received anyway answer to this question with good explanation. For the calculation part, I would like a step by step working out for each of each of the solution. I am doing this manually, so I would clear step by step on how to work it out, instead of just the answer and formula. I would

3 FNCE2000_assignment_SP3(2) - Saved to this PC- Search Draw Design Layout References Mailings Betelehem Yigzawer Review View 21-11 MathType Help 23.1.4 Foxit PDF 5 6-17 8 191 10 111 112 IS 13 14 15 3. (6 marks) Calculate the correlation coefficient between (a) Crown and Tencent and (b) Tencent and CBA. Risk and return You are considering an investment in the stock market and have identified three potential stocks, they are Crown (ASX: CWN), Tencent (HKG: 0700) and Commonwealth Bank (ASX: CBA). The historical prices for the past 10 years are shown in the table below. Assume no dividend is distributed during this period. Year 2010 2011 2012 2013 Crown 7.76 8.57 8.09 11.59 16.68 13.61 12.27 11.4 13.25 11.95 2014 2015 2016 2017 2018 2019 Tencent 29.04 40.40 37.94 54.28 108.70 132 144.90 204.40 463.60 346 Commonwealth (CBA) 53.63 52.15 50.39 64.10 73.83 88.85 78.67 81.66 78.87 69.91 1. (6 marks) Calculate the return and risk (standard deviation) of each stock. 2. (3 marks) Explain the relation (positive or negative) between risk and return based on your answers in part (1) ie Focus A EX English (Australia) O O nere to search