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Suppose that you have the following data on the annual returns on a bond mutual fund and a stock mutual fund. Annual return on bond

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Suppose that you have the following data on the annual returns on a bond mutual fund and a stock mutual fund. Annual return on bond Annual return on stock fund Year fund (%) (%) 2001 -1.3 -4.7 2002 3.9 35.7 2003 3.5 12.3 2004 -1.5 -11.5 2005 -3.6 1 2006 1.4 17.6 2007 3.5 -1.6 2008 2.5 23.8 2009 -2.7 -4.5 2010 -1.4 13 What is the correlation between the annual return on the bond fund and the annual return on the stock fund? Round your answer to 3 decimal places

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