SCENARIO 3-11
Given below are the closing prices for the Dow Jones Industrial Average (DJIA)and the Standard & Poor's (S&P)500 Index over 10-weeks sometime in the past.
-Referring to Scenario 3-11,what is the sample covariance between the DJIA and the S&P 500 index?
Definitions:
Capital Gain
Capital Gain is the profit earned from the sale of an asset or investment when the selling price exceeds the purchase price.
Dividends
Payments made by a corporation to its shareholder members, reflecting the earnings of the company distributed among its shareholders.
Dividend Yield
This ratio in finance shows the comparison between a company's annual dividend payout and its stock price.
Dividend Income
Earnings received from owning shares of a company that pays dividends.
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