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Using the data in the followingtable, what is the covariance between the stocks of HPandKellogg? (Round to three decimalplaces.) Microsoft HP Alaska Air Southwest Airlines

Using the data in the followingtable, what is the covariance between the stocks of HPandKellogg? (Round to three decimalplaces.)

Microsoft HP Alaska

Air Southwest Airlines Ford

Motor Kellogg General

Mills

Volatility (Standard Deviation) 0.32 0.36 0.36 0.31 0.47 0.19 0.17

Correlation with

Microsoft 1.00 0.40 0.18 0.22 0.27 0.04 0.10

HP 0.40 1.00 0.27 0.34 0.27 0.10 0.06

Alaska Air 0.18 0.27 1.00 0.40 0.15 0.15 0.20

Southwest Airlines 0.22 0.34 0.40 1.00 0.30 0.15 0.21

Ford Motor 0.27 0.27 0.15 0.30 1.00 0.17 0.08

Kellogg 0.04 0.10 0.15 0.15 0.17 1.00 0.55

General Mills 0.10 0.06 0.20 0.21 0.08 0.55 1.00

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