The Glad Its Finally Over Company is considering three possible capital projects for next year. Each project has a one-year life and project returns depend on the state of the economy. The estimated rates of return are shown in the following tables:

State of the Economy	Probability of Each State Occurring	Rates of Return if State Occurs
		Project A	Project B
Boom	.40	6%	25%
Normal	.40	8%	6%
Recession	.20	15%	-5%

Statistic	Project A	Project B
Expected Return	8.60%	11.40%
Standard Deviation	3.32%	11.81%

Given these probabilities and possible rates of return, the correlation of the cash flows for the projects is ____ %.

A. -86.25

B. -1.09

C. -1.64

D. 86.25

E. None of these are correct