The following are monthly percentage price changes Month DJIA S&P 500 Nasdaq 1 0.02 0.03 0.05 0.07 0.07 0.2 -0.02 -0.02 -0.05 0.01 0.03 0.05 0.05 0.05 0.13 -0.06 -0.04 -0.06 2 3 4 56

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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The following are monthly percentage price changes for three market indexes Month DJIA S&P 500 Nasdaq 1 0.02 0.03 0.05 2 0.07 0.07 0.23 -0.02 -0.02 -0.05 0.01 0.0
0.05 5 0.05 0.05 0.13 6-0.06 -0.04 -0.06 What is the covariance between the rates of return for S&P 500 and Nasdaq? 4 Oa. 0.0041
The following are monthly percentage price changes for three market indexes
Month DJIA S&P 500 Nasdaq
1
0.02
0.05
0.07
0.2
-0.02
-0.05
0.01
0.05
5
0.05
0.13
6
-0.06
-0.06
What is the covariance between the rates of return for S&P 500 and Nasdaq?
2
3
4
a 0.0041
0.03
0.07
-0.02
0.03
0.05
-0.04
Transcribed Image Text:The following are monthly percentage price changes for three market indexes Month DJIA S&P 500 Nasdaq 1 0.02 0.03 0.05 2 0.07 0.07 0.23 -0.02 -0.02 -0.05 0.01 0.0 0.05 5 0.05 0.05 0.13 6-0.06 -0.04 -0.06 What is the covariance between the rates of return for S&P 500 and Nasdaq? 4 Oa. 0.0041 The following are monthly percentage price changes for three market indexes Month DJIA S&P 500 Nasdaq 1 0.02 0.05 0.07 0.2 -0.02 -0.05 0.01 0.05 5 0.05 0.13 6 -0.06 -0.06 What is the covariance between the rates of return for S&P 500 and Nasdaq? 2 3 4 a 0.0041 0.03 0.07 -0.02 0.03 0.05 -0.04
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