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The following contains monthly rates of return for two common stocks Month January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July

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The following contains monthly rates of return for two common stocks Month January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 Stock A's Monthly Return 1.05% 0.79% 1.03% 5.37% -4.21% 1.28% 1. 79% 2.36% 4.34% 1.95% 0.89% 3.55% Stock B's Monthly Return 1.45% 2.45% 0.75% -1.27% 2.21% 1.25% -3.45% 3.54% -2.55% 2.15% 3.45% 5.99% Compute the covariance between the rates of return for the two stocks using the data from January 2014 to December 2014 1. 0.6074 %2 II. -1.6045 x 10 III. -0.00016045 IV. 1.6045 V. 0.6074 Select one: O b. V only O c. I, V O d. 111 only O e. IV only

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