Question: The correlation between the returns provided by ABC stock and the overall market is - . 8 0 . If the stock market goes up

The correlation between the returns provided by ABC stock and the overall market is -.80. If the stock market goes up 10%, what return should ABC stock provide?
Available answer options
Select only one option
A
A positive return of less than 10%
B
A positive return exceeding 10%
C
There is no predictable relationship between the variables, so any result could occur with equal probability
D
A negative return

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