Question
Suppose the annual returns for NA are 12%, 20%, 5%, -5%, -2%, 7% and for SA are 8%, -5%, -2%, 7%, 5%, 24%. The Correlation
Suppose the annual returns for NA are 12%, 20%, 5%, -5%, -2%, 7% and for SA are 8%, -5%, -2%, 7%, 5%, 24%. The Correlation Coefficient of returns between NA & SA is?
a.
-.0024
b.
-.2566
c.
9.15%
d.
10.15%
e.
6.17%
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Financial Management Principles And Applications
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
10th Edition
0131450654, 9780131450653
