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65. Security X has expected return of 14% and standard deviation of 22%. Security Y has expected return of 16% and standard deviation of 28%.

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65. Security X has expected return of 14% and standard deviation of 22%. Security Y has expected return of 16% and standard deviation of 28%. If the two securities have a correlation coefficient of 0.8, what is their covariance? A. 0.038 B. 0.049 C. 0.018 D. 0.013 E. 0.054

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