2. The correlation coefficient between the returns on a broad index of U.S. stocks and the returns...

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2. The correlation coefficient between the returns on a broad index of U.S. stocks and the returns on indexes of the stocks of other industrialized countries is mostly ______ , and the correlation coefficient between the returns on various diversified portfolios of U.S. stocks is mostly _____.

a. less than .8; greater than .8.

b. greater than .8; less than .8.

c. less than 0; greater than 0.

d. greater than 0; less than 0.

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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