Question: Please answer the question Given the returns and probabilities for the three possible states listed below, calculate the covariance between the returns of Stock A

Please answer the questionPlease answer the question Given the returns and probabilities for the three

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 5.50 percent and 10.00 percent, respectively. (Round answer to 4 decimal places, e.g. 0.0768.) Return on Stock A Return on Stock B Probability Good 0.30 0.30 0.50 OK 0.40 0.10 0.10 Poor 0.30 -0.25 -0.30 Covariance

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