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A correlation coefficient of 0.5 indicates that a) Two assets return are moving in the opposite direction with same rate. b)Two assets return are moving

A correlation coefficient of 0.5 indicates that

a) Two assets return are moving in the opposite direction with same rate.

b)Two assets return are moving in the same direction with different rate.

c)Two assets return are moving in the same direction with same rate.

What if the coefficient was another number? How to we deternine the answer?

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