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The past four years of stock returns for WOW and COL are provided in the following table. The correlation between WOW and COL is 0.4.

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The past four years of stock returns for WOW and COL are provided in the following table. The correlation between WOW and COL is 0.4. Year WOW COL 2017 3.40% 9.10% 2018 5.80% -6.80% 2019 7.60% 18.50% 2020 2.30% -8.80% A. What is the average annual return for WOW and COL? B. What is the standard deviation of return for WOW and COL? (4 marks) (6 marks)

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