55 Comple % Problem 11-8 Use the accompanying data to complete parts a through c below. a. Compute the correlation of monthly retums between Stantec and Canadian Tire. b. Compute the annual standard deviation of Stantec and Canadian Tire. c. Compute the annual variance and standard deviation of a portfolio of 70% Stantec stock and 30% Canadian Tire stock. Click the icon to view the data table, i Data Table - Dec-17 Nov-17 Oct-17 Sep-17 Aug-17 Jul-17 Jun-17 May-17 Apr-17 Mar-17 Feb-17 Jan-17 Dec-16 Nov-16 Oct-16 Sep-16 Aug-16 Jul-16 Jun-16 May-16 Apr-16 Mar-16 Feb-16 Returns (%) Canadian Stantec Tire 0.46 0.53 -5.05 3.41 6.83 1.91 -0.20 5.10 9.39 4.33 -2.48 -3.56 4.51 -4.03 - 10.82 -7.35 1.87 5.46 0.76 3.73 - 1.81 10.56 3.17 -0.63 -5.38 -0.46 20.14 7.79 - 2.85 -0.76 -1.41 - 2.20 -5.90 - 1.68 6.46 -2.53 -8.90 -- 1.71 6.93 5.22 -2.19 1.09 16.94 2.77 - 1734 15.85 Feb-16 Jan-16 Dec-15 Nov-15 Oct-15 Sep-15 Aug-15 Jul-15 Jun-15 May-15 Apr-15 Mar-15 Feb-15 Jan-15 Dec-14 Nov-14 Oct-14 Sep-14 Aug-14 Jul-14 Jun-14 May-14 Apr-14 Mar-14 Feb-14 Jan-14 - 17.34 -0.23 -0.78 5.39 12.86 -5.38 - 15.20 -0.07 6.10 5.55 7.89 - 5.04 2.14 - 1.85 -3.83 - 7.02 -2.04 - 1.11 7.11 5.27 -1.53 3.31 -3.33 -0.41 0.10 3.43 15.85 -3.39 -5.56 9.28 -4.19 -3.14 -4.56 -2.39 3.59 1.31 -0.96 -2.04 12.88 -4.52 -4.34 4.26 7.69 2.16 8.97 1.18 -2.12 -2.44 3.28 4.39 5.50 -4.44 Jan-14 Dec-13 Nov-13 Oct-13 Sep-13 Aug-13 Jul-13 Jun-13 May-13 Apr-13 Mar-13 Feb-13 Jan-13 3.43 - 4.16 10.91 18.50 8.86 1.73 7.81 0.93 2.11 - 3.14 5.02 4.43 3.58 -4.44 -0.22 3.40 6.08 2.40 5.83 6.76 -4.95 12.80 1.21 6.52 -0.37 0.06