Question: Security A has expected return of 14% and standard deviation of 18%. Security B has expected return of 17% and standard deviation of 26%. If

Security A has expected return of 14% and standard deviation of

Security A has expected return of 14% and standard deviation of 18%. Security B has expected return of 17% and standard deviation of 26%. If the two securities have a correlation coefficient of 0.5, what is their covariance? THE ANSWER IS: 2.34%. 2.34%. 1.19%. 34.62%. None of the other answers. 7.22%

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