Based on the following information:

State of Economy	Return on Stock A	Return on Stock B
Bear	.111	.054
Normal	.106	.157
Bull	.082	.242

Assume each state of the economy is equally likely to happen.

Calculate the expected return of each of the following stocks. (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))

Expected return
Stock A	%
Stock B	%

Calculate the standard deviation of each of the following stocks. (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))

Standard deviation
Stock A	%
Stock B	%

What is the covariance between the returns of the two stocks? (Negative amount should be indicated by a minus sign, Do not round intermediate calculation and round your final answer to 6 decimal places. (e.g., 32.161616))

Covariance:

What is the correlation between the returns of the two stocks? (Negative amount should be indicated by a minus sign, Do not round intermediate calculation round your final answer to 4 decimal places. (e.g., 32.1616))

Correlation: