=26/The correlation coefficient between French equities and European equities developed as follows: Years 19701979 19801989 19901999 20002009

Question:

=26/The correlation coefficient between French equities and European equities developed as follows:

Years 1970–1979 1980–1989 1990–1999 2000–2009 Coefficient 0.43 0.42 0.73 0.996 Are you surprised by the table above? Does it prove that there is nothing to gain by geographic diversification? Does it reduce the importance of geographic diversification?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Corporate Finance Theory And Practice

ISBN: 9781118849330

4th Edition

Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi

Question Posted: