Question
State of Economy Probability ABC Company Expected Return XYZ Company Expected Return Very Poor 0.25 -9% -9% Poor 0.25 -6% -6% Good 0.15 18% 14%
| State of Economy | Probability | ABC Company Expected Return | XYZ Company Expected Return |
| Very Poor | 0.25 | -9% | -9% |
| Poor | 0.25 | -6% | -6% |
| Good | 0.15 | 18% | 14% |
| Very Good | 0.35 | 24% | 23% |
| Expected Return |
| 6.85% | 6.4% |
Calculate the covariance of the portfolio. (2 Mark) Please answer as a decimal to 4 decimal places.
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Corporate Governance In Japan Institutional Change And Organizational Diversity
Authors: Masahiko Aoki , Gregory Jackson, Hideaki Miyajima
1st Edition
0199284520,0191536385
