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You are given the following joint probability distribution of returns: State of Economy Probability of State Stock A Return Stock B Return Bad 0.6

You are given the following joint probability distribution of returns: State of Economy Probability of State Stock A Return Stock B Return Bad 0.6 -10.00% 10.00% Good 0.4 40.00% 5.00% Find the covariance between the returns on Stocks A and B.

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