Scenario	Probability	Stock Fund Rate of Return	Bond Fund Rate of Return
Severe recession	0.05	32%	11%
Mild recession	0.25	12%	17%
Normal growth	0.40	17%	10%
Boom	0.30	22%	7%

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 "Variance" to 2 decimal places.)

Mean return		%
Variance

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.)

Covariance