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A person is interested in constructing a portfolio. Two stocks are being considered. Let x = percent return for an investment in stock 1 ,

A person is interested in constructing a portfolio. Two stocks are being considered. Let x = percent return for an investment in stock 1, and y = percent return for an investment in stock 2. The expected return and standard deviation for stock 1 are 6.28% and 3.9%. The expected return and standard deviation for stock 2 are 3.39% and 1.7%. The correlation between these two stocks is -0.43.
Calculate the covariance between stock 1 and stock 2.
Group of answer choices
-2.8509
6.6300
-9.1544
-18.9015

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