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What implication does a positive covariance between two assets in a portfolio have? Question 3 4 Answer a . The assets tend to move in

What implication does a positive covariance between two assets in a portfolio have?
Question 34Answer
a.
The assets tend to move in opposite directions.
b.
The covariance has no impact on the assets' performance.
c.
The assets are likely to move in the same direction.
d.
The assets move independently of each other.

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