The following are the monthly rates of return for Madison Cookies and for Spphine Electric during a six-month period: You should provide detailed solutions which show clearly how your final answer is obtained

Month	Madison Cookies (MS inshort)	Sophie Electric (SE in Short)
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

Please keep 4 numbers after the decimal point in your answers.

1.a. (4 points) Compute monthly average return for each stock.

1.b. (8 points) Compute standard deviations of returns for each stock

1.c. (6 points) Compute covariance between the returns of the two stock

1.d. (2 points) Compute correlation coefficient of the two stocks returns.