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Suppose that the index model for stocks A and B is estimated from excess returns with the following results: RA = 4 . 0 %

Suppose that the index model for stocks A and B is estimated from excess returns with the following results:
RA =4.0%+0.50RM + eA
RB =-1.2%+0.70RM + eB
\sigma M =17%; R-squareA =0.26; R-squareB =0.18
What is the covariance between each stock and the market index?
Note: Calculate using numbers in decimal form, not percentages. For example use "20" for calculation if standard deviation is provided as 20%. Do not round your intermediate calculations. Round your answers to nearest whole number.

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