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Which of the following statements about covariance and correlation is less accurate? A A zero covariance implies there is no linear relationship between the returns
Which of the following statements about covariance and correlation is less accurate? A A zero covariance implies there is no linear relationship between the returns of two assets B If two assets have perfect negative correlation, the variance of returns for a portfolio that consists of these two asset will equal zero C The covariance of a two-stock portfolio is equal to the correlation coefficient times the standard deviation of one stock's returns times the standard deviation of the other stock's returns
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