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Let three stocks A, B, and C. The correlation coefficient between rates of return of A and of B equals 1, that is, A,B =
Let three stocks A, B, and C. The correlation coefficient between rates of return of A and of B equals 1, that is,A,B= 1. As a result
a.B,C> 0
b.cannot tell
c.B,C=A,B
d.B,C=A,C
e.B,C< 0
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