What Is the Covariance of the Daily Returns on Hocus

question 27

Multiple Choice

What is the covariance of the daily returns on Hocus and Pocus?

• A)0.0031
• B)0.0235
• C)0.0368
• D)0.0449

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Definitions:

Enforceability

The ability of a legal document or agreement to be upheld or compelled by law in a court of justice.

Notice of Assignment

A formal notification given to all relevant parties that a specific task, role, or obligation has been assigned to another party.

Assignee

An individual, group, or legal entity to which rights or interests have been transferred by another, known as the assignor.

Assigned Rights

Assigned rights involve the transfer of rights or duties under a contract from one party to another, not transferring the entire contract but specific benefits.