chiliboy6838 chiliboy6838

02-06-2023
Business

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Over the next year, there is a 74% chance of the market being in state 1, otherwise it is in state 2. Shares in Cornelius.com will earn a return of 5.70% in state 1, and 8.00% in state 2. Shares in GiantBadger will earn a return of 6.00% in state 1, and 1.70% in state 2. What is the covariance of the two security returns?

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