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Consider the following table: a. Calculate the values of mean return and varianc

ID: 1175098 • Letter: C

Question

Consider the following table:


a. Calculate the values of mean return and variance for the stock fund. (Do not round intermediate calculations. Round "Mean return" value to 1 decimal place and "Variance" to 4 decimal places.)


b. Calculate the value of the covariance between the stock and bond funds. (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 4 decimal places.)

Covariance             %-Squared

Stock Fund Bond Fund Scenario Probability Rate of Return Rate of Return Severe recession 0.05 ?38% ?8% Mild recession 0.15 ?10% 5% Normal growth 0.30 15% 6% Boom 0.50 25% ?4%

Explanation / Answer

Answer a.  

Value of Mean return of Stock fund

Therefore mean rate of return of stock fund is .2 (approx)

Bond Fund

Therefore , Mean Return of Bond Fund is .04(approx)

Calulation of variance of stock fund :-

(return - mean)2

Hence , variance of stock find is .0049 & standard deviation is .07

Scenario Probability Rate of return Probability*rate of return=Mean Return Severe recession 0.05 38% .019 Mild recession .15 10% .015 Normal Growth .3 15% .045 Boom .5 25% .125 Total .204