. The following are the monthly rates of return for X and Y for six months period.

Month	X	Y
1	-0.04	0.07
2	0.06	-0.02
3	-0.07	-0.10
4	0.12	0.15
5	-0.02	-0.06
6	0.05	0.02

Required:

Determine the expected return and standard deviation for each stock and covariance and

correlation between the two stocks. (10 marks)

(Total: 25 marks)