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The covariance of two securities isA.equal to the variance of one security divided by the variance of the second security. B.zero when the securities are
- The covariance of two securities isA.equal to the variance of one security divided by the variance of the second security.
- B.zero when the securities are positively related.
- C.expressed as a squared value.
- D.limited to a range of 0 to +1.
- E.unaffected by any changes in the probabilities of various states of the economy occurring.
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The Legal Environment Today Summarized Case Edition
Authors: Roger LeRoy Miller
8th Edition
130526276X, 978-1305279407, 1305279409, 978-1305704930, 1305704932, 978-1305262768
