Stock P and Stock Q Have Had Annual Returns of -10

Multiple Choice

Stock P and Stock Q have had annual returns of -10 percent, 12 percent, and 28 percent; and 8 percent, 13 percent, and 24 percent, respectively.Calculate the covariance of return between the securities.(Ignore the correction for the loss of a degree of freedom set out in the text.)

A) -149.00
B) +149.00
C) +99.33
D) -100.00