Question: The return on Stock A is 15%,10%, and 25% when the market condition is good, normal, and bad, respectively. The return on Stock B is

The return on Stock A is 15%,10%, and 25% when the

The return on Stock A is 15%,10%, and 25% when the market condition is good, normal, and bad, respectively. The return on Stock B is 50%,10%, and 30% when the market condition is good, normal, and bad, respectively. If the probability of good economy, normal economy, and bad economy is 20%,40%, and 40%, respectively, find the covariance between the returns of Stock A and Stock B. Select the choice that is closest to your answer. 0.03470.04960.05440.0671

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