Consider the following table:

Stock Fund

Bond Fund

Scenario

Probability

Rate of Return

Rate of Return

Severe recession

0.10

?41%

?14%

Mild recession

0.20

?21%

20%

Normal growth

0.40

26%

13%

Boom

0.30

31%

?10%

a. Calculate the values of mean return and variance for the stock fund. (Do not round intermediate calculations. Round "Mean return" value to 1 decimal place and "Variance" to 2 decimal places.)

Mean return		%
Variance		%-Squared
b. Calculate the value of the covariance between the stock and bond funds. (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Covariance %-Squared