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The return on the Agnes Corporation in the state of recession is estimated to be -25% and the return on Agnes in the state of

The return on the Agnes Corporation in the state of recession is estimated to be -25% and the return on Agnes in the state of boom is estimated to be 34%. The return on the Cameron Corporation in the state of recession is estimated to be 43% and the return on Cameron in the state of boom is estimated to be -19%. Given this information, what is the covariance between Agnes and Cameron if there is a 0.60 probability that the economy will be in the state of boom and a 0.40 probability that the economy will be in the state of recession. -0.1180 -0.0951 -0.0878 0.0810 0.4529

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