State of Economy	Probability of State of Economy	Return on Stock J	Return on Stock K
Bear	.20	.010	.044
Normal	.55	.148	.072
Bull	.25	.228	.102

Calculate the expected return for each of the stocks.(Do not round intermediate calculations and round your answers to 2 decimal places. (e.g., 32.16))

Expected return
Stock J	%
Stock K	%

Calculate the standard deviation for each of the stocks.(Do not round intermediate calculations and round your answers to 2 decimal places. (e.g., 32.16))

Standard deviation
Stock J	%
Stock K	%

What is the covariance between the returns of the two stocks?(Do not round intermediate calculations and round your answer to6 decimal places. (e.g., 32.161616))

Covariance

What is the correlation between the returns of the two stocks?(Do not round intermediate calculations and round your answer to4decimal places. (e.g., 32.1616))

Correlation