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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. For

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 0.13and0.16, respectively. (Round your answer to 4 decimal places. For example .1244)

Probability Return (A) Return (B)

Good .0.35 0.30 0.50

OK 0,50 0.10 0.10

Poor 0.15 -0.25 -0.30

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