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Calculate the covariance between securities A and B based on the following information: Economy Probability Return on A Return on B Good .2 ,20 .15
Calculate the covariance between securities A and B based on the following information:
Economy | Probability | Return on A | Return on B |
Good | .2 | ,20 | .15 |
Okay | .5 | .10 | .05 |
Bad | .3 | -.10 | .06 |
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