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Germany Hong Kong Italy Japan U.S. 0.52 0.42 0.34 0.31 The table above presents the correlation coefficients between the U.S. and four other markets. As
Germany Hong Kong Italy Japan U.S. 0.52 0.42 0.34 0.31 The table above presents the correlation coefficients between the U.S. and four other markets. As an American investor, investing in which of the following countries would offer you the most risk diversification and hence be most beneficial if you are trying to diversify your portfolio? Multiple Choice All of them since all the correlation coefficients are less than one. None of them since all the correlation coefficients are positive. Germany O Hong Kong Italy Japan
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