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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
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. The percentage change in the stocks prices are exactly opposite of each other-for every positive change in the one stock, the other stock has a negative change. B. For each dollar increase in the price of one stock, the other stock also increases by a dollar. C. If the price of one stock goes up, the other stock price always goes up as well. D. The returns of the two stocks are unrelated
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