Essay
Returns for the IC Company and for the S&P 500 Index over the previous 4-year period are given below:
What are the average returns on IC and on the S&P 500 index? If you had invested $1.00 in IC, how much would you have had after 4 years? What is the correlation between the returns on IC and the S&P?
Correct Answer:

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Average return is 22/4 = 5.5% for IC and...View Answer
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