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State of Nature.. ..Probability. State Dependent Return A.. State Dependent Return B Recessio n. .70%. - 08.. .-04 Expansion...... 3 0% 0.28. .0.16 What comes

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State of Nature.. ..Probability. State Dependent Return A.. State Dependent Return B Recessio n. .70%. - 08.. .-04 Expansion...... 3 0% 0.28. .0.16 What comes closest to the covariance between Stock A and Stock B? a. 1170 b. .0000 C. .0028 d._0028 e. 0151

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