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Year Stock X Stock Y 1 14.00% 8.00% 2 6.00% 20.00% 3 10.00% 7.00% 4 5.00% 7.00% What is the covariance of the returns of
Year | Stock X | Stock Y |
1 | 14.00% | 8.00% |
2 | 6.00% | 20.00% |
3 | 10.00% | 7.00% |
4 | 5.00% | 7.00% |
What is the covariance of the returns of Stock X with the returns of Stock Y?
Correct answer is -.001017
Please provide excel way to solve this problem. I got the wrong answer which was -.000763 and dont understand where i went wrong.
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