If the Covariance Between Two Investments of a Portfolio Is

question 246

True/False

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

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Definitions:

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and are significant in cost.

Specific Process

A defined sequence of activities or steps designed to achieve a particular outcome, often unique to a particular field or industry.

Direct Materials

The raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the production cost.

Direct Labor

The wages or salaries paid to employees who are directly involved in producing goods or providing services.