Consider the following table:

Stock Fund

Bond Fund

Scenario

Probability

Rate of Return

Rate of Return

Severe recession

0.10

46%

20%

Mild recession

0.20

24%

14%

Normal growth

0.30

8%

5%

Boom

0.40

44%

5%

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

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