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If the return of two stocks has a correlation of 1, what does this imply about the relative movements in the stock prices? (Select the

If the return of two stocks has a correlation of 1, what does this imply about the relative movements in the stock prices? (Select the best choice below.)

A. If the price of one stock goes up, the other stock price always goes up as well.

B. For each dollar increase in the price of one stock, the other stock also increases by a dollar.

C. The percentage change in the stocks prices are exactly opposite of each other long dash for every positive change in the one stock, the other stock has a negative change.

D. The returns of the two stocks are unrelated.

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