How would you explain that the ML High-Yield Bond Index was more highly correlated with the NYSE
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How would you explain that the ML High-Yield Bond Index was more highly correlated with the NYSE composite stock index than the ML Aggregate Bond Index?
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Ashington Waweru
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Related Book For 
Investment Analysis and Portfolio Management
ISBN: 978-1305262997
11th Edition
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
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