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PROBLEM 3 Problem 3: Based on the following information, calculate the expected return and standard deviation for the two stocks. What are the covariance and

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PROBLEM 3 Problem 3: Based on the following information, calculate the expected return and standard deviation for the two stocks. What are the covariance and correlation between the returns of the two stocks? Prob. of State P PA re 20 State Recession Normal Boom 0.30 0.55 0.15 06 07 :33

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