You forecast there are three potential scenarios for the economy: a bull, flat, and bear market. You also estimate the returns for a stock and bond mutual fund as follows: Economic Scenario Recession Flat Boom Stock Fund -18% 8% 20% Bond Fund 6% 4% -8% Probability of Scenario 30% 45% 25% this information, you find for the stock fund: E(rs)-3.2% and os=0.1469, and for the bond fund: E(rB)=1.6% and OB=0.0561. The correlation coefficient between the stock and bond fund is -0.7659. Compute the covariance between the stock and bond fund. Give your answer as a DECIMAL and to four decimal places.

You forecast there are three potential scenarios for the economy: a bull, flat, and bear market. You also estimate the returns for a stock and bond mutual fund as follows: this information, you find for the stock fund: E(rS)=3.2% and S=0.1469, and for the bond fund: E(rB)=1.6% and B=0.0561. The correlation coefficient between the stock and bond fund is -0.7659 . Compute the covariance between the stock and bond fund. Give your answer as a DECIMAL and to four decimal places