You have been provided with the below information related to potential returns on bonds and shares under different economic conditions. Scenario Boom Positive Growth Normal Growth Negative Growth Recession Crash Probability Return.on.Shares Return.on.Bonds 8% 47% 15% 20% 23% 5% 31% 10% 30% 6% 3% -14% 3% 5% -17% -6% 4% 6% Question 3 Calculate the covariance between shares and bonds. A) 0.0063 B) 0.0058 C) 0.0039 D) 0.0051 E) 0.005 Correct answer is D