Question: You have been provided with the yearly equity return for USA, Australia, Canada and Japan Table 2.1: Annual Returns Year USA Australia Canada Japan 2017
You have been provided with the yearly equity return for USA, Australia, Canada and Japan
Table 2.1: Annual Returns
| Year | USA | Australia | Canada | Japan |
| 2017 | 0.04 | 0.03 | 0.03 | 0.04 |
| 2018 | 0.06 | 0.05 | 0.09 | -0.02 |
| 2019 | -0.03 | -0.02 | -0.05 | 0.07 |
| 2020 | 0.01 | 0.02 | 0.02 | -0.02 |
| 2021 | 0.04 | 0.05 | 0.08 | 0.02 |
| 2022 | -0.05 | -0.03 | -0.06 | 0.06 |
(i)Generate the correlation coefficient figures for the pairs of markets.
(ii) above in terms of international diversification
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