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You are trying to develop a strategy for investing in two different stocks. The anticipated annual return for Returns a $ 1 , 0 0

You are trying to develop a strategy for investing in two different stocks. The anticipated annual return for
Returns
a $1,000 investment in each stock under four different economic conditions has the probability distribution shown
to the right. Complete parts (a) through (d) below.
a. Compute the expected return for Stock x and for Stock Y.
The expected return for Stock x is $40.
(Type an integer or a decimal. Do not round.)
The expected return for Stock Y is $32.
(Type an integer or a decimal. Do not round.)
b. Compute the standard deviation for Stock x and for Stock Y.
The standard deviation for Stock x is $74.70.
(Round to two decimal places as needed.)
The standard deviation for Stock Y is $97.55.
(Round to two decimal places as needed.)
c. Compute the covariance of Stock x and Stock Y.
The covariance of Stock x and Stock Y is
(Type an integer or a decimal. Do not round.)
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