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please show me how to do it step by step and please dont use excel Consider the following information about three stocks Rate of return

please show me how to do it step by step and please dont use excel image text in transcribed
Consider the following information about three stocks Rate of return if state occurs State of economy Stock A Stock B Probability of state of economy 0.333 Boom 22% 30% Normal 0.333 14% 2% Recession 0.333 3% -40% What is the covariance & correlation between Stock A & Stock B

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