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The returns on Asset A have a standard deviation of 0.39, and those of B have a standard deviation of 0.70. If the coefficient of

The returns on Asset A have a standard deviation of 0.39, and those of B have a standard deviation of 0.70. If the coefficient of correlation between their returns is -0.5, what is the covariance between their returns? Please give your answer to three decimal places.

correct answer:-0.076

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