If the index model is valid, _________ would be helpful in determining the covariance between assets HPQ and KMP.
A. ?HPQ
B. ?KMP
C. ?M
D. all of the options
E. None of the options are correct.
D. all of the options
If the index model is valid ?HPQ, ?KMP, and ?M are determinants of the covariance between HPQ and KMP.
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