Question: Serial correlation: A. indicates a tendency for continuation when the correlation is negative. B. involves multiple securities within the same industry. C. measures the relationship

Serial correlation: A. indicates a tendency for continuation when the correlation is negative. B. involves multiple securities within the same industry. C. measures the relationship between the current return on a security with that of a second security. D. supports weak form efficiency when the correlation coefficient is near zero. E. indicates a tendency toward reversal when the correlation coefficient is zero.

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