Consider the following information regarding a new investment that a company intends to undertake:. State of the Economy Probability Market Return Investment Return Expansion XXXXXXXXXX% 60% Normal...

Consider the following information regarding a new investment that a company intends to

undertake:.

State of the Economy Probability Market Return Investment Return

Expansion 0.30 40% 60%

Normal 0.50 10% 25%

Recession 0.20 -15% -40%

b). Compute the correlation between the market the investment return