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As long as the coefficient of correlation between two stocks is less than +1, some reduction in risk can be obtained by combining the securities.
As long as the coefficient of correlation between two stocks is less than +1, some reduction in risk can be obtained by combining the securities. Group of answer choices True False
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Management
Authors: Stephen P. Robbins, Mary A. Coulter
12th edition
133043606, 978-0133043600
