Q6 Q3

Using the data in the following table, , what is the covariance between the stocks of Southwest Airlines and General Mills? The covariance between the stocks of Southwest Airlines and General Mills is (Round to three decimal places.) Historical Annual Volatilities and Correlations for Selected Stocks (based on monthly returns, 1996-2017) \begin{tabular}{lccccccc} \hline & Microsoft & HP & AlaskaAir & SouthwestAirlines & FordMotor & KelloggMills \\ \hline Volatility(StandardDeviation)Correlationwith & 0.32 & 0.36 & 0.36 & 0.31 & 0.47 & 0.19 & 0.17 \\ Microsoft & & & & & & & \\ HP & 1.00 & 0.40 & 0.18 & 0.22 & 0.27 & 0.04 & 0.10 \\ Alaska Air & 0.40 & 1.00 & 0.27 & 0.34 & 0.27 & 0.10 & 0.06 \\ Southwest Airlines & 0.18 & 0.27 & 1.00 & 0.40 & 0.15 & 0.15 & 0.20 \\ Ford Motor & 0.22 & 0.34 & 0.40 & 1.00 & 0.30 & 0.15 & 0.21 \\ Kellogg & 0.27 & 0.27 & 0.15 & 0.30 & 1.00 & 0.17 & 0.08 \\ General Mills & 0.04 & 0.10 & 0.15 & 0.15 & 0.17 & 1.00 & 0.55 \\ \hline \end{tabular}