Calculate the correlation coefficient, Business Economics

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Pick a corporation.  Create the same return column for the same 60 months for this corporation. For this 60-month period what is the correlation coefficient between the monthly return on your corporation and the monthly return on the other corporation? The Excel command is:=CORREL(data range).  What is the correlation between your stock and the S&P 500?  What is the correlation between the other stock and the S&P 500?


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