If the Covariance Between Two Investments Is Zero,the Variance of the Sum

question 131

True/False

If the covariance between two investments is zero,the variance of the sum of the two investments will be equal to the sum of the variances of the investments.

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Multiple Insurance

The practice of holding more than one insurance policy on the same item or person, often to provide additional coverage in case of loss or damage.

Insured's Liability

The obligations or responsibilities for which an insured party is covered under an insurance policy.

Fiduciary Duties

Obligations that require individuals in certain positions of trust to act in the best interest of another party.

Insurance Agent

A professional licensed to sell and advise on insurance policies and products on behalf of insurance companies.