Optimal risk reduction takes place when combining assets whose correlation coefficient is 0.0

Indicate whether the statement is true or false.


Answer: FALSE
Explanation: Optimal risk reduction takes place when combining assets whose correlation coefficient is -1.0.

Business

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Many twenty-somethings have rebelled against their more affluent parents by mocking wealth, wearing clothing such as shredded jeans and driving boxy cars. These are examples of what is called a modern potlatch

Indicate whether the statement is true or false

Business

Which of the following is a true statement regarding feedback value?

a. It concerns confirming or correcting decision-makers’ earlier expectations. b. It refers to assessing where the firm presently stands. c. It is closely related to accountability. d. All of the above.

Business

Briefly describe the concepts of job structure, pay levels, product market competition, and labor market competition.

What will be an ideal response?

Business

Generally accepted accounting principles require that, when the estimated useful life of a long-term asset is changed, previously-issued financial statements should not be revised.

Answer the following statement true (T) or false (F)

Business