Using the data in the following table,

Year	2010		2011		2012		2013		2014		2015
Stock A	9%		10%		7%		7%		5%		10%
Stock B	12%		19%		29%		9%		8%		20%

,

estimate the:

a. Average return and volatility for each stock.

b. Covariance between the stocks.

c. Correlation between these two stocks.

Question content area bottom

Part 1

a. Estimate the average return and volatility for each stock. The average return of stock A is

(Round to two decimal places.)