QUESTION 7 Based on the outcomes in the following table, choose which of the statements below is (are) correct? Scenario Security A Security B Security C Recession +30% 5% 1% Normal +10% 5% 3% Boom -10% 5% 5% Average Return E() 10% 5% 3% 1. The correlation coefficient between security A and B is zero. II. The correlation coefficient between security A and B is negative. III. The correlation coefficient between securities A and C is negative. IV. The correlation coefficient between securities A and C is positive. V. To mitigate security A's risk, security C is a better-hedged asset than security B. O II, IV, V II, IV O I, III, V