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Business, 15.11.2019 01:31 elysalmeron05

Which of the following statements is false? a. the variance of a portfolio depends only on the variance of the individual stocks. b. when the covariance equals 0, the stocks have no tendency to move either together or in opposition of one another. c. the closer the correlation is to minus1, the more the returns tend to move in opposite directions. d. a stock's return is perfectly positively correlated with itself.

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