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Year Stock X Stock Y 1 12.00% -6.00% 2 -9.00% 16.00% 3 14.00% 8.00% 4 4.00% 8.00% What is the covariance of the returns of

Year

Stock X

Stock Y

1

12.00%

-6.00%

2

-9.00%

16.00%

3

14.00%

8.00%

4

4.00%

8.00%

What is the covariance of the returns of Stock X with the returns of Stock Y?

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