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Use the following probability distribution. Scenario Probability Stock X Stock Y Boom 0.6 10% 20% Recession 0.4 14% -5% Find each stocks expected rate of

Use the following probability distribution.

Scenario Probability Stock X Stock Y

Boom 0.6 10% 20%

Recession 0.4 14% -5%

Find each stocks expected rate of return.

Find each stocks standard deviation.

Find the correlation coefficient between X and Y.

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