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Which of the following statements is FALSE? O A. A stock's return is perfectly positively correlated with itself. O B. When the covariance equals 0,
Which of the following statements is FALSE? O A. A stock's return is perfectly positively correlated with itself. O B. When the covariance equals 0, the stocks have no tendency to move either together or in opposition of one another. OC. The variance of a portfolio depends only on the variance of the individual stocks. O D. The closer the correlation is to -1, the more the returns tend to move in opposite directions
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