Returns on stocks X and Y are listed below: Period Stock X Stock Y 1 -5%...
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Returns on stocks X and Y are listed below: Period Stock X Stock Y 1 -5% 12% 2 4% 7% 3 3% -3% 4 9% -2% 5 1% 4% 6 -3% 6% 7 4% -1% What is the (population) covariance of returns on the two stocks? Please round your answer to six decimal places. Note that the correct answer will be evaluated based on the full-precision result you would obtain using Excel. Returns on stocks X and Y are listed below: Period Stock X Stock Y 1 -5% 12% 2 4% 7% 3 3% -3% 4 9% -2% 5 1% 4% 6 -3% 6% 7 4% -1% What is the (population) covariance of returns on the two stocks? Please round your answer to six decimal places. Note that the correct answer will be evaluated based on the full-precision result you would obtain using Excel.
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To calculate the population covariance of returns on stocks X and Y we need to use the fo... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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