Question: The exercise file for this chapter contains daily price data for the SP500 and for Abbott Laboratories for the three months from April to June

The exercise file for this chapter contains daily price data for the SP500 and for Abbott Laboratories for the three months from April to June 2020. Use this data to compute the annual average, variance, and standard deviation of the logarithmic returns for the SP500 and for Abbott.

What is the correlation between the returns of the SP500 and Abbott?

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