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The foliowing are the monthly rates of retum for Madison Cookles and for Sophie Electric during a six-month naviaid. Compute the following. Do not round
The foliowing are the monthly rates of retum for Madison Cookles and for Sophie Electric during a six-month naviaid. Compute the following. Do not round intermediate calculations. nunnu your answers to four decimal places. 0. Average monthly rate of return D1 for each stock. Madison Cookles: Sophie Electric: b. Standard deviation of returne for each stock. Madison Cookies: Sophin Electric: c. Covariance between the rates of return. d. The correiatinn coefficient between the rates of return. Would these two stocks be good choices for diversification? Why or why not? Modison Cookies and Sophie Electric are choices for diversification as these assets have cofrelation
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