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Business, 13.12.2019 21:31 iliketurtures

The returns on both of these portfolios in any particular year are uncorrelated with its own returns in other years. they are also uncorrelated with the returns of the other portfolio in other years. the hedge fund claims the correlation coefficient between the annual returns on the s& p 500 and the hedge fund in the same year is zero, but greta is not fully convinced by this claim. if the correlation coefficient between annual portfolio returns is actually 0.3, what is the covariance between the returns?

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