Question: THIS IS ONE QUESTION WITH MULTIPLE PARTS. PLEASE ANSWER COMPLETELY AND SHOW ALL WORK. WILL LEAVE THUMBS UP State Probability Return on A Return on

THIS IS ONE QUESTION WITH MULTIPLE PARTS. PLEASE ANSWER COMPLETELY AND SHOW ALL WORK. WILL LEAVE THUMBS UP THIS IS ONE QUESTION WITH MULTIPLE PARTS. PLEASE ANSWER COMPLETELY AND SHOW

State Probability Return on A Return on B Return on C Boom 0.30 0.35 0.25 0.10 Average 0.50 0.20 0.15 0.25 Bust 0.20 0.05 0.10 0.35 Find the standard deviation of Assets A and C Find the correlation coefficient of B and C 4. When would you choose to use correlation over covariance? Please write several sentences to explain

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