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Please show steps. Consider the following table: Scenario Severe recession Mild recession Normal growth Boom Probability 0.05 0.25 0.40 0.30 Stock Fund Rate of Return

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Consider the following table: Scenario Severe recession Mild recession Normal growth Boom Probability 0.05 0.25 0.40 0.30 Stock Fund Rate of Return -30% -10% 15% 20% Bond Fund Rate of Return -9% 15% 8% -5% a.Calculate the values of mean return and variance for the stock fund. (Do not round Intermediate calculations. Round "Mean return" value to 1 decimal place and "Varlance" to 2 decimal places.) Answer is complete but not entirely correct. % Mean return Variance 8.0 0.02 b.Calculate the value of the covariance between the stock and bond funds. (Negative value should be indicated by a minus sign. Do not round Intermediate calculations. Round your answer to 2 decimal places.) * Answer is complete but not entirely correct. Covariance (0.46)

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