Consider the following table:

Stock FundBond FundScenarioProbabilityRate of ReturnRate of ReturnSevere recession0.0544%13%Mild recession0.2516%11%Normal growth0.4010%4%Boom0.3030%3%

b.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.)

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