The more positive the degree of correlation between two assets, the greater the risk reduction when the assets are combined
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: The LOWER the degree of correlation between two assets, the greater the risk reduction when the assets are combined.
You might also like to view...
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$90 Units in beginning inventory 0Units produced 3,400Units sold 3,000Units in ending inventory 400 Variable costs per unit: Direct materials$21Direct labor$38Variable manufacturing overhead$6Variable selling and administrative expense$4Fixed costs: Fixed manufacturing overhead$54,400Fixed selling and administrative expense$3,000The total contribution margin for the month under variable costing is:
A. $27,000 B. $75,000 C. $63,000 D. $8,600
Because email messages are written efficiently, they should be organized:
a. in a direct, deductive style. b. in an indirect, inductive style. c. in a direct or indirect style, depending on the purpose of the message and the intended audience. d. in a persuasive style.
A strong brand has a unique and distinct identity.
a. True b. False
The competitive orientation to supplier relations is that the buyer and supplier are partners
Indicate whether the statement is true or false