Consider the following information on two stocks:

	P(State)	Stock A	Stock B
Boom	20%	30%	25%
Normal	30%	15%	-5%
Slow	40%	-5%	5%
Bust	10%	-12%	0%

A) Calculate the covariance(A,B).

B) Calculate the correlation(A,B).

C) Suppose you invest $60,000 into stock A, and $40,000 into stock B. Calculate the expected return of the portfolio. (Enter percentages as decimals and round to 4 decimals)

D) Suppose you invest $60,000 into stock A, and $40,000 into stock B. Calculate the standard deviation of the portfolio. (Enter percentages as decimals and round to 4 decimals)