Question: The Probability and Return for the four financial instruments are given for your reference in th State of Economy Probability Habib Bank Middle East Financials

The Probability and Return for the four financial instruments are given for your reference in th State of Economy Probability Habib Bank Middle East Financials Pandemic 18% 2 % 13% Recession 28% 16% 8% Normal 14% 9% 30% Before Pandemic 40% 25% 40% What was the covariance during of Habib Bank during the normal economy state? 8.70 7.28 9.72 7.10 Muscat International Airport has decided
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