As a new analyst, you have calculated the following annual rates of return for the stocks of

Question:

As a new analyst, you have calculated the following annual rates of return for the stocks of both Lauren Corporation and Kayleigh Industries.

Your manager suggests that because these companies produce similar products, you should continue your analysis by computing their covariance. Show allcalculations.

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...