You have a wealth of $25,000 to invest in shares of the firm X and Y. You decide to invest $45,000 in the shares of X and short sell $20,000 worth of the shares in Y. The expected period return of the shares in X is 12% with a volatility (standard deviation) of 27%, and the expected period return of the shares in Y is 9 % with a volatility of 27% (the same as for the shares in X). The volatility of the portfolio is 30%.In which interval is the covariance between the period return of the shares in X and Y?

Unknown problem no. 13 You have a wealth of $25,000 to invest in shares of the firm X and Y. You decide to invest $45,000 in the shares of X and short sell $20,000 worth of the shares in Y. The expected period return of the shares in X is 12% with a volatility (standard deviation) of 27%, and the expected period return of the shares in Yis 9 % with a volatility of 27% (the same as for the shares in X). The volatility of the portfolio is 30%. In which interval is the covariance between the period return of the shares in X and Y? *A. 10.05; 0.07] B. 10.07;0.09) C. 20.09; 1.00] D. 11.00; 1.01) E. 11.01; 1.02) F. 11.02; 1.03]