Question: Question 3 10 pts Using the data provided in the Excel file from Question 1, please calculate the covariance between the returns of assets 1

 Question 3 10 pts Using the data provided in the Excelfile from Question 1, please calculate the covariance between the returns of

Question 3 10 pts Using the data provided in the Excel file from Question 1, please calculate the covariance between the returns of assets 1 and 2. O-4 0-6 6 4 Asset 1 Market Condition Return Probability Good 16 0.25 Average 12 0.50 Poor 8 0.25 Asset 2 Market Cond Return Good Average Poor Probability 4 0.25 6 0.50 8 0.25

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