Based on the following information: Probability of State of Economy State of Economy Bear Normal Bull Return on Peturn Stock J -023 135 215 Return on Stock K .031 .059 28 63 .089 a. Calculate the expected return for each of the stocks. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. Calculate the standard deviation for each of the stocks. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.. 32.16.) c. What is the covariance between the returns of the two stocks? (Do not round Intermediate calculations and round your answer to 6 decimal places, e.g...161616.) d. What is the correlation between the returns of the two stocks? (Do not round Intermediate calculations and round your answer to 4 decimal places, e... 1616.) 9,80 % 5.39% StockJ Stock K b. Stock] Stock K c.Covariance d. Correlation 61.939600 MacBook Pro Please show Step by step calculations. for part C & D