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Given the returns for two stocks with the following information, calculate the covariance of the returns for the two stocks. Assume the expected return for

Given the returns for two stocks with the following information, calculate the covariance of the returns for the two stocks. Assume the expected return for Stock 1 is 10.8 percent and 9.7 percent for Stock 2.

Probability Stock 1 Stock 2
0.4 0.09 0.11
0.5 0.11 0.08
0.1 0.17 0.13

Calculate the Covariance between the stocks.

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