Question
In the mean-variance framework, the variance is lower the higher the correlation between the assets in the portfolio. Assuming that higher means greater negative correlation,
In the mean-variance framework, the variance is lower the higher the correlation between the assets in the portfolio. Assuming that higher means greater negative correlation, this statement is:
A. False
B. True
C. need more information to answer the question
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The Wall Street Mba Your Personal Crash Course In Corporate Finance
Authors: Reuben Advani
3rd Edition
1260135594, 9781260135596
