Question
12. Other things equal, diversification is most effective when A. Securities returns are uncorrelated. B. Securities' returns are positively correlated. C. Securities' returns are high.
12. Other things equal, diversification is most effective when
A. Securities returns are uncorrelated.
B. Securities' returns are positively correlated.
C. Securities' returns are high.
D. Securities' returns are negatively correlated.
E. Both securities' returns are positively correlated and securities' returns are high.
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
17th Edition
0357714482, 9780357714485
