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Given the returns for two stocks with the following information, calculate the covariance of the returns for the two stocks. Probability Return Stock 1 Return
Given the returns for two stocks with the following information, calculate the covariance of the returns for the two stocks. | ||||
Probability | Return Stock 1 | Return Stock 2 | ||
0.4 | 11% | 12% | ||
0.5 | 12% | 10% | ||
0.1 | 15% | 14% | ||
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