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26. Covariance and Correlation Based on the following information, calculate the expected return and standard deviation for each of the following stocks. What are the

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26. Covariance and Correlation Based on the following information, calculate the expected return and standard deviation for each of the following stocks. What are the covariance and correlation between the returns of the two stocks? State of Economy Probability of State of Economy Return on Stock Returiton Stock Bear Normal Bull 25 .60 .15 -.020 .138 .218 .034 ,062 .092

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