The negative correlation between stock prices and volatility is referred to as the:

A) Correlation effect
B) Correlation risk
C) Leverage effect
D) Leverage risk

C

Business

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Organizations succeed or fail not only because of how well they are led but because of how well followers follow.

a. true b. false

Business

If the three-month T-bill rate drops and the Libor rate remains the same, the relevant TED spread:

A. increases. B. decreases. C. does not change.

Business