Question: Using the data in the following table, E , what is the covariance between the stocks of HP and Ford Motor? The covariance between the

 Using the data in the following table, E , what isthe covariance between the stocks of HP and Ford Motor? The covariance

Using the data in the following table, E , what is the covariance between the stocks of HP and Ford Motor? The covariance between the stocks of HP and Ford Motor is (Round to three decimal places.) General Mills 0.17 Historical Annual Volatilities and Correlations for Selected Stocks (based on monthly returns, 1996-2017) Alaska Southwest Ford Microsoft HP Air Airlines Motor Kellogg Volatility (Standard Deviation) 0.32 0.36 0.36 0.31 0.47 0.19 Correlation with Microsoft 1.00 0.40 0.18 0.22 0.27 0.04 HP 0.40 1.00 0.27 0.34 0.27 0.10 Alaska Air 0.18 0.27 1.00 0.40 0.15 0.15 Southwest Airlines 0.22 0.34 0.40 1.00 0.30 0.15 Ford Motor 0.27 0.27 0.15 0.30 1.00 0.17 Kellogg 0.04 0.10 0.15 0.15 0.17 1.00 General Mills 0.10 0.06 0.20 0.21 0.08 0.55 0.10 0.06 0.20 0.21 0.08 0.55 1.00

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