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Expected Return % Year Asset A Asset B Asset C 1 12 16 12 2 14 14 14 3 16 12 16 The correlation of
Expected Return % | |||
Year | Asset A | Asset B | Asset C |
1 | 12 | 16 | 12 |
2 | 14 | 14 | 14 |
3 | 16 | 12 | 16 |
The correlation of returns between Asset A and Asset C (in the above table) can be characterized as ________.
a. perfectly positively correlated | ||
b. perfectly negatively correlated | ||
c. uncorrelated | ||
d. cannot be determined |
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