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Stock P and Stock Q have had annual returns of -10%, 12%, 28% and 8%, 13%, 24% respectively. Calculate the covariance of return between the

Stock P and Stock Q have had annual returns of -10%, 12%, 28% and 8%, 13%, 24% respectively. Calculate the covariance of return between the securities.

A. -0.0149

B. 0.0149

C. 0.0100

D. None of the Above

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