Consider the following table:

Stock Fund Bond Fund

Scenario Probability Rate of Return Rate of Return

Severe recession 0.05 42% 15%

Mild recession 0.25 18% 7%

Normal growth 0.40 20% 9%

Boom 0.30 27% 6%

a.Calculate the values of expected return and variance for the stock fund.(Do not round intermediate calculations. Enter "Expected return" value as a percentage rounded to 1 decimal place and "Variance" as decimal number rounded to 4 decimal places.)

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. Enter your answer as a decimal number rounded to 5 decimal places.)