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ston Financial analysts have eated the returns on shares of the Goldday Corporation and the overal market portfolio under two economic states nature as follows

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ston Financial analysts have eated the returns on shares of the Goldday Corporation and the overal market portfolio under two economic states nature as follows For Goldday the wide dependent returns are -0.00 in recession and 0.00 in an economio boom. For the market the state dependent returns are...06 and 0.10 in boom. The analystems that the probability of a recension is 0.50 while the probability of an economic boom is 0.50 Computer the covariance between Goldday and the market State your answer in decimal form, working your analysis using at least four decimal places of accuracy

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