Question
1.Which of the following statements are true in regard to the concept of correlation? A.The value will always fall between -1 and 1 B.A correlation
1.Which of the following statements are true in regard to the concept of correlation?
A.The value will always fall between -1 and 1
B.A correlation of 0.1 indicates that there is a very small correlation between the two stocks.
C.A positive value indicates that when the return on one asset is positive , the return on the other asset will be positive.
D.All of the above
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
