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3. The following forecasts are available for the state of the economy and for two securities: State of the Probability of State Return on HV
3. The following forecasts are available for the state of the economy and for two securities: State of the Probability of State Return on HV Return on LV Economy Occurring Stock (%) Stock (% Recession .10 -17.00 4.00 Normal .50 12.00 4.50 Boom .25 19.00 5.00 Super Growth .15 27.00 7.00 Compute the two stocks expected return, variance, standard deviation, covariance and correlation
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