Consider the 99 world financial market indexes. Compute the log returns of the indexes. Obtain a time

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Consider the 99 world financial market indexes. Compute the log returns of the indexes. Obtain a time plot of all series and perform a PCA of the log returns. Summarize the results of PCA, including scree plot and time plots of the first six PCs. [An R command for PCA is princomp].

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