Stock A’s returns the past 5 years have been 10%, 215%, 35%, 10%,and 220%. Stock B’s returns have been 25%, 1%, 24%, 40%, and30%. What is the correlation coefficient for returns between StockA and Stock B? (20.35)

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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Stock A’s returns the past 5 years have been 10%, 215%, 35%, 10%,
and 220%. Stock B’s returns have been 25%, 1%, 24%, 40%, and
30%. What is the correlation coefficient for returns between Stock
A and Stock B? (20.35)

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