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Assume a company, whose performance is correlated to the economy, is evaluating six projects. Two are positively correlated with the economy, two are negatively correlated

Assume a company, whose performance is correlated to the economy, is evaluating six projects. Two are positively correlated with the economy, two are negatively correlated with the economy, and two are not correlated with it at all.

QUESTIONS: Which two projects should the company select to minimize the companys overall risk? And why?

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