Question
. If the covariance of two assets' returns is -0.0013, the variance of the first asset is 0.46%, and the variance of the second asset
. If the covariance of two assets' returns is -0.0013, the variance of the first asset is 0.46%, and the variance of the second asset is 1.91%, the correlation coefficient between the two assets' returns is closest to:
a. -0.13 b. -13.81 c. -1.91
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The Municipal Budget Crunch A Handbook For Professionals
Authors: Roger L. Kemp
1st Edition
0786463740, 978-0786463749
