Question: Which correlation among financial assets is the most desirable when attempting to achieve diversification in a portfolio? Question 21 Select one: a. Perfectly negative (i.e.

Which correlation among financial assets is the most desirable when attempting to achieve diversification in a portfolio? Question 21 Select one: a. Perfectly negative (i.e. return patterns are opposite to one another) b. Zero (i.e. return patterns are independent of each other) c. Perfect positive (i.e. return patterns are similar)

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