Question: Select the best choice below. Correlation Responses may only be positive. may only be positive. measures the degree to which a change in the riskiness
Select the best choice below. Correlation
Responses
may only be positive.
may only be positive.
measures the degree to which a change in the riskiness of one security causes the risk of another to change.
measures the degree to which a change in the riskiness of one security causes the risk of another to change.
ranges between and
ranges between and
is usually negative for a portfolio with two securities
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