The creation of a portfolio by combining two assets having perfectly positively correlated returns cannot reduce the portfolio's overall risk below the risk of the least risky asset
Indicate whether the statement is true or false
TRUE
You might also like to view...
The Ramien Store held inventory items at the end of 2014 . Which items should Ramien include as part of its total inventory cost?
a. Freight incurred in shipping goods to customers. b. Annual income taxes paid for operations. c. Cost of storing inventory before it is sold. d. Cost of salaries of clerks that sell the inventory items.
Answer the following statements true (T) or false (F)
1. The research on leadership generally has found it to be a relatively simple process. 2. More than 60 different leadership classification systems have been developed. 3. Leadership occurs in both large and small groups. 4. According to Burns, followers should remember that their leaders are above them and act accordingly. 5. The earliest leadership theories in the 20th century emphasized control and centralization of power.
A(n) ____________________ lease arrangement is one in which the lessee enjoys the use of the property for a set period of time
Fill in the blank(s) with correct word
Managerial accountants should carefully analyze all except which of the following when considering using either absorption costing statements or variable costing statements?
a. noncontrollable costs b. pricing products c. controllable costs d. which one will make the organization look better on paper