Over the past 4 years, returs for the IC Company have been: 30%, 0%, -8%, and 0% and returs for the S&P 500 Index have been 17%, 20 %, 7%, 5%. What are the average returns ofIC and the S&P 500 index? What is the correlation between the returns on IC and the S&P500?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Over the past 4 years, returs for the IC Company have been: 30%, 0%, - 8%, and 0% and returs for
the S&P 500 Index have been 17%, 20%, 7%, 5%. What are the average returns ofIC and the S&P
500 index? What is the correlation between the returns on IC and the S&P500?
Transcribed Image Text:Over the past 4 years, returs for the IC Company have been: 30%, 0%, - 8%, and 0% and returs for the S&P 500 Index have been 17%, 20%, 7%, 5%. What are the average returns ofIC and the S&P 500 index? What is the correlation between the returns on IC and the S&P500?
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