Question: he correlation coefficient between the returns of two stocks is 0.6. A portfolio invested fifty percent in each stock Group of answer choices Will have

he correlation coefficient between the returns of two stocks is 0.6. A portfolio invested fifty percent in each stock Group of answer choices Will have more risk than the average risk of the two individual stocks. Has no effect on overall risk since the correlation is positive. Will have higher returns than the average return of both stocks. Will have less risk than the average risk of the two individual stocks

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