just #11 please

9) What is the covariance of returns between The Hershey Company and Packaging Corporation of America? 10 points # . 2015 (.4147. 1143) & 2.11104-1893) = .078437 2016 (-. 123 - 1143) & (c.172 - 1593)=.67862 23779 2017 C. 187 - 1193) x(+390.1993)= 0 1677 4 2018 C. 123 - 1143 > Xcouss- . 1593) = .00257 . . 1593) = .00257 = .0595 2015 (-030 -. 1143) X(-.287 - . 1593) = 0644 10) What is the correlation between Hershey's returns and Packaging's returns? 10 points 0595 79.9% (208) (.358) 11) Based on the five years of return data above, why or why not would you expect that combining The Hershey Company and Packaging Corporation of America into a stock portfolio made up of 50% of each stock would provide significant benefits of diversification? 10 points