Question: 2018 ) August -5.27% 10.69% September 21.33% -13.00% October -10.86% -31.65% November -23.25% -39.63% December -0.4196 41.27% (a) Calculate the standard deviation of monthly returns

 2018 ) August -5.27% 10.69% September 21.33% -13.00% October -10.86% -31.65%

2018 ) August -5.27% 10.69% September 21.33% -13.00% October -10.86% -31.65% November -23.25% -39.63% December -0.4196 41.27% (a) Calculate the standard deviation of monthly returns for JPM. Assume that the average return for JPM is 3.69% per month (b) Calculate the covariance and correlation for JP Morgan Chase and Macy's. Assume - 32986 and the average return for Macy's is -6.46%

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