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Consider the characteristics of the following three stocks: Thumb Devices Air Comfort Sport Garb Expected Return 18% 17 17 Standard Deviation 22% 18 16 The
Consider the characteristics of the following three stocks: Thumb Devices Air Comfort Sport Garb Expected Return 18% 17 17 Standard Deviation 22% 18 16 The correlation between Thumb Devices and Air Comfort is -0.10. The correlation between Thumb Devices and Sport Garb is -0.14. The correlation between Air Comfort and Sport Garb is 0.79. Select only two stocks for your portfolio based on low correlation and low risk. + CH
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Capital And Finance
Authors: Peter Lewin, Nicolás Cachanosky
1st Edition
0367514559, 978-0367514556
