Question: Your client is looking for two stocks with the following characteristics: A purchase price of $150 per share, an expected annual rate of return of

Your client is looking for two stocks with the following characteristics: A purchase price of $150 per share, an expected annual rate of return of 10 percent on both, a variance of 0.0225 on both, and when you purchase one share of both stocks, you get a guaranteed return of $30 over the next year. Can you find the covariance of X and Y

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