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Given the returns and probabilities for the three possible states listed here, calculate the covariance between the returns of Stock A and Stock B .

Given the returns and probabilities for the three possible states listed here, calculate the covariance between the returns of Stock A and Stock B. For convenience, assume that the expected returns of Stock A and Stock B are 0.09 and 0.18, respectively. (Round your answer to 4 decimal places.

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