Question
A minimum variance hedge leads to no hedging when the coefficient of correlation between futures price changes and changes in the price of the asset
A minimum variance hedge leads to no hedging when the coefficient of correlation between futures price changes and changes in the price of the asset being hedged is 1. Select one:
O True
O False
please don't copy from chegg
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Fundamentals of Futures and Options Markets
Authors: John C. Hull
8th edition
978-1292155036, 1292155035, 132993341, 978-0132993340
