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You are given the following information: State of EconomyProbability ofState of EconomyReturn onStock JReturn onStock K Bear.20?.030.024 Normal.55.128.052 Bull.25.208.082 Calculate the expected return for each of the stocks.(Do not round intermediate calculations. Enter your answersas a percent rounded to 2 decimal places (e.g.,32.16).) Expected return Stock J% Stock K% Calculate the standard deviation for each of the stocks.(Do not round intermediate calculations. Enter your answersas a percent rounded to 2 decimal places (e.g.,32.16).) Standard deviation Stock J% Stock K% What is the covariance between the returns of the two stocks?(Do not round intermediate calculations and round youranswer to 6 decimal places (e.g.,32.161616).) Covariance What is the correlation between the returns of the two stocks?(Do not round intermediate calculations and round youranswer to 4 decimal places (e.g.,32.1616).) Correlation