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

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The Answer of 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

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