You are given the following information:

State of Economy	Probability of State of Economy	Return on Stock J	Return on Stock K
Bear	.22	.012	.042
Normal	.57	.146	.070
Bull	.21	.226	.100

Calculate the expected return for each of the stocks. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).)

Expected return
Stock J	%
Stock K	%

Calculate the standard deviation for each of the stocks. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).)

Standard deviation
Stock J	%
Stock K	%

What is the covariance between the returns of the two stocks? (Do not round intermediate calculations and round your answer to 6 decimal places (e.g., 32.161616).)

Covariance

What is the correlation between the returns of the two stocks? (Do not round intermediate calculations and round your answer to 4 decimal places (e.g., 32.1616).)

Correlation