Question: Given the returns and probabilities for the three possible states listed below, calculate the covariance between the returns of Stock A and Stock B. For

Given the returns and probabilities for the three possible states listed below, calculate the covariance between the returns of Stock A and Stock B. For convenience, assume that the expected returns of Stock A and Stock B are 10.50 percent and 14.00 percent, respectively. (Round answer to 4 decimal places, e.g. 0.0768.)
 Given the returns and probabilities for the three possible states listed

Given the returns and probabilities for the three possible states listed below, calculate the covariance between the returns of Stock A and Stock B. For convenience, assume that the expected returns of Stock A and Stock B are 10.50 percent and 14.00 percent, respectively. (Round answer to 4 decimal places, es. 0.0768.)

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