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State of the Economy Probability HPR (Fund A) HPR (Fund B) Boom .50 7% 25% Normal growth .3 -5% 10% Recession .2 20% -25% What

State of the Economy

Probability

HPR (Fund A)

HPR (Fund B)

Boom

.50

7%

25%

Normal growth

.3

-5%

10%

Recession

.2

20%

-25%

What are the covariance and correlation coefficient between the returns of Fund A and Fund B? show all work clearly for this please.

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