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What is the covariance between stocks A and B based on the historical information presented in the table above? Answer is .0082 but I do
What is the covariance between stocks A and B based on the historical information presented in the table above?
Answer is .0082 but I do not know how to reach that answer. Please show steps.
Year R (A) R (B) 2006 2007 2008 11.0% 5.0% 14.0% 2.0% -8.0% Average Variance St. Dev. 4.00% 0.0057 7.55% 261% 0.01213 11.02%Step by Step Solution
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