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If two assets have a correlation of 1, their returns will: O a. always move in the same direction but not necessarily by the same amount. move randomly and independently of each other. O b. always move in opposite directions by the same amount. always move in opposite directions but not necessarily by the same amount. always move in the same direction by the same amount. O c. O d. Oe.

If two assets have a correlation of 1, their returns will: O a. always move in the same direction but not necessarily by the same amount. move randomly and independently of each other. O b. always move in opposite directions by the same amount. always move in opposite directions but not necessarily by the same amount. always move in the same direction by the same amount. O c. O d. Oe.

Accounting
Accounting
27th Edition
ISBN:9781337272094
Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Chapter10: Long-term Assets: Fixed And Intangible
Section: Chapter Questions
Problem 10.28EX
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Question 11 Not yet answered Flag question 602 Exercise 9.pdf If two assets have a correlation of 1, their returns will: O a. O b. O c. O d. Oe. always move in the same direction but not necessarily by the same amount. move randomly and independently of each other. always move in opposite directions by the same amount. always move in opposite directions but not necessarily by the same amount. always move in the same direction by the same amount. D IMG_5695 (3).MOV A IMG_5695 (2).MOV TS IMG_5695 (1).mov ditv
Transcribed Image Text:Question 11 Not yet answered Flag question 602 Exercise 9.pdf If two assets have a correlation of 1, their returns will: O a. O b. O c. O d. Oe. always move in the same direction but not necessarily by the same amount. move randomly and independently of each other. always move in opposite directions by the same amount. always move in opposite directions but not necessarily by the same amount. always move in the same direction by the same amount. D IMG_5695 (3).MOV A IMG_5695 (2).MOV TS IMG_5695 (1).mov ditv
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