Consider the following table:

		Stock Fund	Bond Fund
Scenario	Probability	Rate of Return	Rate of Return
Severe recession	0.10	42%	9%
Mild recession	0.20	22%	15%
Normal growth	0.40	27%	8%
Boom	0.30	32%	5%

b.

Calculate the values of mean return and variance for the stock fund

Mean Return = ____________%

variance =_________________

c.	Calculate the value of the covariance between the stock and bond funds. Covariance=______________________