Returns on stocks x and y are listed below:
Q1) Returns on stocks X and Y are listed below: Period 1 2 3 4 5 6 7 Stock X 8% 0% 3% -2% 5% 12% 7% Stock Y 5% -2% 4% 7% 1% 12% -3% What is the correlation of returns on the two stocks? Please round your answer to the nearest hundredth. Note that the correct answer will be evaluated basedon the full-precision […]