6. The return on the Rush Corporation in the state of recession is estimated to be -25% and the return on Rush in the state of boom is estimated to be 35%. The return on the Oberman Corporation in the state of recession is estimated to be 40% and the return on Oberman in the state of boom is estimated to be -15%. Given this information, what is the covariance between Rush and Oberman if there is a 0.70 probability that the economy will be in the state of boom and a 0.30 probability that the economy will be in the state of recession. Place your answer in decimal form and not as a percentage.

7. Toyota Corp.'s stock price has a variance of returns of 0.0295. Honda Corp.'s stock has a variance of returns of 0.0465. The covariance between Toyota and Honda is 0.0315. What is the correlation coefficient between Toyota and Honda? Work your analysis out using at least four decimal places in your answer, and enter your answer using at least four decimal places.