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 -1 and 1.
ranges between -1 and 1.
is usually negative for a portfolio with two securities.

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