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Please answer without Excel. Many thanks! Given the following forecasts, what is the covariance of the returns on securities A and B ? A. 0.0209

Please answer without Excel.

Many thanks!

Given the following forecasts, what is the covariance of the returns on securities A and B ? A. 0.0209 B. 0.1447 C. 0.2348 D. 0.9871

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