State of Economy Probability Very Poor 0.30 -9% ABC Company Expected Return XYZ Company Expected Return -19% Poor 0.25 -8% -6% Good 0.15 8% 9% Very Good 0.30 34% 33% Expected Return 6.70% 4.05% A) Calculate the covariance of the portfolio. (2 Mark) Please answer as a decimal to 4 decimal places