Between 1989and 2009, the Standard Deviation of the Returns for the S&P/TSX

question 11

Multiple Choice

Between 1989and 2009, the standard deviation of the returns for the S&P/TSX and the DJIA indexes were 0.08 and 0.10, respectively, and the covariance of these index returns was 0.0007. What was the correlation coefficient between the two market indicators?

• A) .0906
• B) .0985
• C) .0796
• D) .0875
• E) .0654

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