Question: The return on Stock A is 1 5 % , 1 0 % , and - 2 5 % when the market condition is good,
The return on Stock is and when the market condition is good, normal, and bad, respectively. The return on Stock B is and when the market condition is good, normal, and bad, respectively. If the probability of good economy, normal economy, and bad economy is and respectively, find the covariance between the returns of Stock A and Stock B Select the choice that is closest to your answer.
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