Please answer with explaination

Greta is pondering two portfolios, the S\&P 500 and a hedge fund. The S\&P 500 risk premium is estimated at 6% per year, with a standard deviation of 18%. The hedge fund risk premium is estimated at 10% with a standard deviation of 33%. If the correlation coefficient between annual portfolio returns is actually 0.3, what is the covariance between the returns? (Round your answer to 3 decimal places.)