Use the Table for the Question(s)below

question 133

Multiple Choice

Use the table for the question(s) below.
Consider the following returns:
-The covariance between Stock X's and Stock Y's returns is closest to:

• A)0.10.
• B)0.29.
• C)0.12.
• D)0.69.

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Definitions:

Misrepresentation

A false statement of fact made by one party to another party, which has the effect of inducing that party into the contract.

Spring

A season of the year following winter and preceding summer, characterized by rising temperatures and the budding of plants.

Contract Rescinded

The act of legally canceling a contract, returning all parties to their positions prior to the agreement.

Innocently Mistaken

A situation where a person is wrongly believed or judged without intentional fault.