Between 1989and 2009, the Standard Deviation of the Returns for the S&P/TSX

Multiple Choice

Between 1989and 2009, the standard deviation of the returns for the S&P/TSX and the DJIA indexes were 0.08 and 0.10, respectively, and the covariance of these index returns was 0.0007. What was the correlation coefficient between the two market indicators?

A) .0906
B) .0985
C) .0796
D) .0875
E) .0654