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OpenStudy (anonymous):
Hello, I have the text book Applied Corporate Finance 3rd edition and I'm doing problem #3 (Scientific Atlanta ,AT&T) in the 3rd chapter (it looks like its the same as in the 2nd edition). My question is, how was the co-variance of 774.48 calculated? Is this a mistake? When I do it by hand and in Excel I get a much different number.
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