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John is considering investing in two shares, Share A and B. The price details of the two shares are given below: Day Price of Share

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John is considering investing in two shares, Share A and B. The price details of the two shares are given below: Day Price of Share A Price of Share B 1 10.15 8.88 2 8.90 7.65 3 9.90 5.43 11.36 6.31 5 9.95 7.30 6 10.21 9.45 7 10.52 10.56 8 10.69 10.23 9 10.15 11.26 10 8.90 10.99 4 This Yus A. Calculate the daily returns of both shares? (8 marks) B. Calculate the standard deviation and average returns of each share? (8 marks) C. Calculate the correlation coefficient between the returns of the two shares? (8 marks)

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