Question
. A portfolio manager is considering adding another security to his portfolio. The correlations of the 5 alternatives available are listed below. Everything else being
. A portfolio manager is considering adding another security to his portfolio. The correlations of the 5 alternatives available are listed below. Everything else being equal, which security would enable the highest level of risk diversification?
a.+0.25
b.+0.75
c.+0.50
d.+0.10
e.+0.90
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
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