Given the Following Forecasts for a Portfolio That Has $1,500

question 15

Multiple Choice

Given the following forecasts for a portfolio that has $1,500 invested in Stock A and $4,500 invested in Stock B, what is the correlation between the two stocks?

• A)-0.99
• B)0
• C)0.99
• D)-1.00

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Definitions:

Percent Equivalent

A way to express a number as a percentage of 100.

Rounded

Adjusted to the nearest whole number or specified decimal place to make calculations simpler or to reflect measurement limitations.

Decimal Equivalent

A numerical representation that expresses fractions in a decimal format.

Percent Equivalent

The numerical value of a fraction expressed as a percentage.