Question: In the table below, expected return and standard deviations are provided for bond and equity funds. If the correlation between the funds is 0.3, find

In the table below, expected return and standard deviations are provided for bond and equity funds. If the correlation between the funds is 0.3, find the covariance between these two funds.

Bond Equity
Expected Return 5% 10%
Standard Deviation 8% 20%

Group of answer choices

0

-0.0036

0.0036

0.0048

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