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The correlation between the return on two assets O will always have a value between - 1.0 and -1.0. O measures the relative relationship between

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The correlation between the return on two assets O will always have a value between - 1.0 and -1.0. O measures the relative relationship between the returns of pair of assets. O is calculated by dividing the covariance of returns by the product of the standard deviations of the returns for the two assets. all of the above

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