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All information in picture Available Assets State of the Economy Probability Market Asset X Asset Y Portfolio Boom 35% 0.14 0.25 0.05 Normal 30% -0.

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Available Assets State of the Economy Probability Market Asset X Asset Y Portfolio Boom 35% 0.14 0.25 0.05 Normal 30% -0. 16 0.1 0.05 Recession 35% 0.14 -0.05 0.05 What is the covariance between stock X and the market portfolio

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