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Assume you own two stocks; MTN Shares and Ecobank Shares. You have invested Ghc20,000 in MTN and Ghc 15000 in Ecobank. The return for MTN

Assume you own two stocks; MTN Shares and Ecobank Shares. You have invested Ghc20,000 in MTN and Ghc 15000 in Ecobank. The return for MTN is 20% whilst that of Ecobank is 14%. The standard deviation for MTN is 12% whilst the standard deviation of asset B is 7%.The correlation between MTN and Ecobank is given as 0.30.What is the covariance between the two assets? Write the full figures

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