Question: What implication does a positive covariance between two assets in a portfolio have? Question 3 4 Answer a . The assets tend to move in
What implication does a positive covariance between two assets in a portfolio have?
Question Answer
a
The assets tend to move in opposite directions.
b
The covariance has no impact on the assets' performance.
c
The assets are likely to move in the same direction.
d
The assets move independently of each other.
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