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Suppose the factor sensitivities to the global equity factor are 0.70 for market A and 0.85 for Market B, and the factor sensitivities to the global bond factors are 0.30 for market A and 0.55 for Market B. The covariance between Market A and Market B is closest to:
A
0.213
B
0.461
C
0.205
D
0.453