Came across this as an interview question that I saw online: given a covariance matrix with diagonals being all 1 and the off-diagonals being c, what are its eigenvalues?
Going by the definition $Av = \lambda v$, we have $$ \begin{bmatrix} 1&c&..&c \\ c&1&c& ... \\ ...\\ c&c&...&1\\ \end{bmatrix} \begin{bmatrix} v_1\\v_2\\...\\v_n \end{bmatrix} =\lambda \begin{bmatrix} v_1\\v_2\\...\\v_n \end{bmatrix} $$
then it's easy to get $$ (c \times(n-1)+1)*v = \lambda * v$$ and thus $$\lambda = c \times(n-1)+1$$
This is just one eigenvalue. Is there a way to get a solution for all other eigenvalues or is this the best we could do?