The Correlation of the Two Assets Does Not Play Any

question 16

True/False

The correlation of the two assets does not play any role in computation of the expected return of the two-asset portfolio.

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Definitions:

Constitutional Convention

A gathering for the purpose of writing a new constitution or amending an existing one. In United States history, it specifically refers to the convention of 1787 that produced the current Constitution.

State Constitutions

The fundamental law of a U.S. state, outlining the structure and functions of the state government and the rights of its citizens.

Military Power

Military power refers to the armed forces' strength and capabilities of a nation in terms of personnel, weaponry, equipment, and strategic effectiveness.