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If the correlation between two stocks is 1, the returns: a. generally move in the same direction. b. move perfectly opposite one another. c. are
If the correlation between two stocks is 1, the returns:
a. generally move in the same direction. | ||
b. move perfectly opposite one another. | ||
c. are unrelated to one another as it is < 0. | ||
d. have standard deviations of equal size but opposite signs. | ||
e. None of the above. |
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