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Currently, a share of Gunja Inc. is trading at 1,000, and Kospi index is 2000. We anticipate the following outcomes depending on future economic situation.

Currently, a share of Gunja Inc. is trading at 1,000, and Kospi index is 2000.

We anticipate the following outcomes depending on future economic situation.

Gunja

Kospi

probability

booming

1,300

2,200

50%

recession

700

1,800

50%

the variance of Gunja returns is ( ),

the variance of Kospi index returns is ( ),

the covariance between the two is ( ),

the beta of Gunja is ( ).

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