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Based on your results in (a) to (d) and any further analysis you choose to do, compare and comment on the country risk return patterns, the relative performances and correlations across the country returns. Your comments should draw on material and theories you have learnt in this course. Relate the risk return patterns and the performances of the markets to relevant events that took place during this period. Draw on economic, political and market related events (global and/or country specific) that may have impacted on the performance of each market. Give bibliographic references to the sources of your information.

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