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How to solve this without excel? The following table lists possible rates of return on Company A and B. State of the Economy Deep recession

How to solve this without excel?

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The following table lists possible rates of return on Company A and B. State of the Economy Deep recession Mild recession Average Mild boom Strong boom Probability 0.05 0.25 0.35 0.20 0.15 Company A -20% 0 10 15 30 Company B -40% 10 0 25 30 (a) Based on the above data calculate by using the appropriate formulae i. the standard deviations of returns for Company A and B ii. the covariance of returns between Company A and B iii. the correlation between Company A and B

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