If two events are perfectly negatively correlated, then
A) diversification can reduce but not eliminate risk.
B) diversification can eliminate risk.
C) diversification has no impact on risk.
D) diversification cuts risk in half.
B
Economics
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Consider a mutual fund with a 6 percent back-end load that decreases to 0 percent in the seventh year. How much of the load will an investor have to bear if she sells it off in the second year?
a. 4 percent of the load b. 3 percent of the load c. 6 percent of the load d. 5 percent of the load e. 2 percent of the load
Economics
Which of the following adopted reforms that have substantially improved their economic freedom rating since 1980?
a. Ireland b. Zimbabwe c. Venezuela d. Republic of Congo
Economics