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Stock P and Stock Q have had annual returns of 1 2 percent, 1 4 percent, 3 0 percent; and 1 0 percent, 1 5
Stock P and Stock Q have had annual returns of percent, percent, percent; and percent, percent, and percent, respectively. Calculate the covariance of return between the securitiesIgnore the correction for the loss of a degree of freedom set out in the text.
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