Question: Use the table for the question(s) below. Consider the following returns: Year End Stock X Realized Return Stock Y Realized Return 2004 20.1% -14.6% 2005
Use the table for the question(s) below.
Consider the following returns:
| Year End | Stock X Realized Return | Stock Y Realized Return |
| 2004 | 20.1% | -14.6% |
| 2005 | 72.7% | 4.3% |
| 2006 | -25.7% | -58.1% |
| 2007 | 56.9% | 71.1% |
| 2008 | 6.7% | 17.3% |
| 2009 | 17.9% | 0.9% |
a) The covariance between Stock X's and Stock Y's returns is closest to:
b) The Correlation between Stock X's and Stock Y's returns is closest to:
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