Question: With regards to the correlation coefficient measure, select the WRONG statement: A. Positively correlated assets tend to move up and down together B. If the

With regards to the correlation coefficient measure, select the WRONG statement:

A. Positively correlated assets tend to move up and down together

B. If the correlation coefficient is 0, it means the portfolios are perfectly positively correlated

C. Negatively correlated assets tend to move in opposite directions

D. Imperfect correlation, positive or negative, is why diversification reduces portfolio risk

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