If There Is No Relationship Between the Rates of Return

question 55

Multiple Choice

If there is no relationship between the rates of return of two assets over time, these assets are

• A) uncorrelated.
• B) negatively correlated.
• C) perfectly negatively correlated.
• D) positively correlated.

---

Definitions:

Winning Bid

The highest offer made in an auction that ultimately leads to the purchase of the item or asset up for bidding.

Bidders Values

The individual valuations that bidders assign to the item for auction based on their personal or company interests.

Sealed-Bid

A type of auction or bidding process where all bidders simultaneously submit sealed bids, with no bidder knowing the bid of any other participant.

Bid Aggressively

The strategy of actively and assertively placing higher bids to secure an auctioned item or a contract.