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Question 1 1 pts The covariance between (the returns of) two stocks (Saguaro & Sandstorm) is -0.005 Saguaro's returns have a standard deviation of

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Question 1 1 pts The covariance between (the returns of) two stocks (Saguaro & Sandstorm) is -0.005 Saguaro's returns have a standard deviation of 27% Sandstorm's returns have a standard deviation of 22% What is the correlation coefficient between (the returns of) the two stocks? (Answer to the nearest 0.01) > Question 2 You own a portfolio containing the following 3 stocks - the fractions (of the portfolio) invested in each stock, along with each stock's return are indicated below. Stock FinTech % of Portfolio Return 30% -30% BioTech 20% 50% OldEcon Remainder of Portfolio 40% Calculate the portfolio return. (Answer to the nearest 0.01%) 1 pts

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