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You are given the following return probability distribution for Stock X and Y: Normal market 0.5 10% 20% Probability Stock X Stock Y Bear

You are given the following return probability distribution for Stock X and Y: Normal market 0.5 10% 20% Probability Stock X Stock Y Bear market 0.2 -10% -5% Bull market 0.3 20% 10% What is the return correlation between Stock X and Y?

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