Question
The table below contains the average returns, standard deviation of returns and correlation of returns with US index for different countries.All data are in US
The table below contains the average returns, standard deviation of returns and correlation of returns with US index for different countries.All data are in US dollar terms.The US T-Bill rate is 3%.Determine which of these countries are suitable for a US based investor to diversify into.Show the necessary calculations.
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
