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The return on the Agnes Corporation in the state of recession is estimated to be 21% and the return on Agnes in the state of
The return on the Agnes Corporation in the state of recession is estimated to be 21% and the return on Agnes in the state of boom is estimated to be 30%. The return on the Cameron Corporation in the state of recession is estimated to be 44% and the return on Cameron in the state of boom is estimated to be 16%. Given this information, what is the covariance between Agnes and Cameron if there is a 0.45 probability that the economy will be in the state of boom and a 0.55 probability that the economy will be in the state of recession. 0.05100.07730.09480.07570.3996
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