When a Corporation's Shares Are Owned by a Few Individuals

question 1

True/False

When a corporation's shares are owned by a few individuals who are associated with the firm's management,we say that the stock is closely held.

---

Definitions:

Coefficient Of Correlation

A statistical measure that indicates the extent to which two variables fluctuate together. A value closer to 1 or -1 indicates a stronger relationship.

Decreases

To become smaller or less in size, amount, intensity, or degree.

Portfolio Returns

The gain or loss on an investment portfolio, measured over a specific period of time.

Uncorrelated

Describes a situation where two or more variables do not have a linear relationship, meaning the change in one variable does not predict the change in another.