Suppose Stock X has a beta of 𝛽 𝑋 = 0.5 and Stock Y has a beta of 𝛽 𝑌 = 1.4  with respect to the single factor, M. The single factor, M, has a return standard deviation of 𝜎 𝑀 = 0.2 .   Required: Compute the covariance between Stock X and Stock Y. Report your final answer as a decimal, rounded to four decimal places. Example: if the result is 0.1234567, present it as 0.1235 (not 12.35%). Keep at least six decimal places in all intermediate calculations before the final rounding.数值题

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