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The correlation coefficient measures the: A.rate of return of individual stocks. B.direction of movement of the return of individual stocks. C.degree to which the returns

The correlation coefficient measures the:

A.rate of return of individual stocks.

B.direction of movement of the return of individual stocks.

C.degree to which the returns of two stocks move together.

D.degree of s unique risk present in the standard deviations of a pair of stocks.

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