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What do you expect to happen to the overall risk of a two-asset portfolio as the correlation between the rate of return of the two-assets
What do you expect to happen to the overall risk of a two-asset portfolio as the correlation between the rate of return of the two-assets increases? Why?
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
5thEdition
0073382345, 9780073382340
