The Probability and Return for the four financial instruments are given for your reference in the below table.

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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The Probability and Return for the four financial instruments are given for your reference in the below table.
State of Economy Probability Habib Bank Middle East Financials
Pandemic
18%
2%
13%
Recession
28%
16%
8%
Normal
14%
9%
30%
Before Pandemic
40%
25%
40%
9.72
7.10
7.28
8.70
What was the covariance during of Habib Bank during the normal economy state?
Transcribed Image Text:The Probability and Return for the four financial instruments are given for your reference in the below table. State of Economy Probability Habib Bank Middle East Financials Pandemic 18% 2% 13% Recession 28% 16% 8% Normal 14% 9% 30% Before Pandemic 40% 25% 40% 9.72 7.10 7.28 8.70 What was the covariance during of Habib Bank during the normal economy state?
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