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

The Probability and Return for the four financial instruments are given for your reference in the below table Habib Bank Middle East Financials State of Economy Probability 296 1396 Pandemic 18% 16% 8% Recession 2996 9 996 30% Normal 1496 40% 40% 25% Before Pandemic . What was the covariance during of Habib Bank during the normal economy state? 94F Sunny

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