Question

xam Save You are given the following information: State of Economy Bear Normal Bull Probability of State of Economy 29 64 .07 Return on Stock J Return on Stock K -024 134 214 030 058 088 .37 Calculate the expected return for each of the stocks. (Do not round intermediote calculetions. Enter your answers as a percent rounded to 2 decimal places (e.g. 32.16).) pected return Stock J Stock K Calculate the standard deviation for each of the stocks. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal 32.16).) places (e.g. eviati Stock J Stock K What is the covariance between the returns of the two stocks? (Do not round intermediate calculations and round your answer to 6 decimal places (e.g. 32.161616).) What is the correlation between the returns of the two stocks? (Do not round intermediate calculations and round your answer to 4 decimal places (e.g. 32.1616)) Correlation