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Which of the following statements is false? O a Covariance measures the co-movement of returns on different assets. O b. Correlation coefficient measure the level
Which of the following statements is false? O a Covariance measures the co-movement of returns on different assets. O b. Correlation coefficient measure the level of the co-movement of returns on different assets. O c. The unit of covariance is percentage square. O d. The unit of correlation coefficient is percentage
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