1. Pick a developed market (not the U.S.) and an emerging market. Either from your own research or from the links in the Chapter 25 slides, look up what the historical (as far back as you can find) and recent (past 5 years or so) returns and standard deviations have been for both countries you picked. Try to find the countries betas compared to the U.S. as well (if you cant find that, just look compare the returns over the last 5 years to the U.S. and describe what you see). Summarize your findings on the two countries: how do they look based on past returns, and how do you see them performing moving forward? (15 points)