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16 Security X has expected return of 7% and standard deviation of 14%. Security Y has expected return of 11% and standard deviation of 22%.

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16 Security X has expected return of 7% and standard deviation of 14%. Security Y has expected return of 11% and standard deviation of 22%. If the two securities have a correlation coefficient of -0.45, what is their covariance? Multiple Choice -0.1512 -0.0108 O 0.0388 O 0.0184 -0.0139 O

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