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Which of the following statement(s) about the covariance values between returns on two stocks is/are correct? [I] In general, the realized returns on stock (A)
Which of the following statement(s) about the covariance values between returns on two stocks is/are correct? [I] In general, the realized returns on stock (A) and stock (B) co-move together in the same direction. T [II] In general, the realized returns on stock (A) and stock (C) co-move together in the same direction. T [III] The co-movement relationship between realized returns on stock (A) and stock (B) is stronger than the co-movement relationship between realized returns on stock (A) and stock (C)
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