Question
Security X has an expected return of 12% and a standard deviation of 18%. Security Y has an expected return of 15% and a standard
Security X has an expected return of 12% and a standard deviation of 18%. Security Y has an expected return of 15% and a standard deviation of 26%. If the two securities have a correlation coefficient of -0.19, what is their covariance?
Round your answer to 4 decimal places. For example, if your answer is 3.205%, then please write down 0.0321.
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Introduction To Derivatives And Risk Management
Authors: Robert Brooks, Don M Chance
9th Edition
1133190197, 978-1133190196
