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

Given the returns and probabilities for the three possible states listed here, 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 0.12and0.15, respectively. (Round your answer to 4 decimal places. For example .1244)

Probablity return A Return B

Good .35 .30 .50

ok.50 .10.10

poor .15-.25 -.30

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