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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