The Volatility of Woolworth's Share Price Is 30% and That

question 71

Multiple Choice

The volatility of Woolworth's share price is 30% and that of Reckon's shares is 30%. When I hold both shares in my portfolio and the returns have a correlation of 1, the overall volatility of returns of the portfolio is:

• A)less than 30%.
• B)unchanged at 30%.
• C)more than 30%.
• D)Cannot say for sure.

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Definitions:

Overt Racism

A form of racism that is explicit, openly displayed, and recognizable through actions or statements.

Legally Sanctioned Racism

Institutionalized forms of discrimination and prejudice codified into law or legal practices, allowing unequal treatment based on race.

Building Blocks for Youth

A framework or set of initiatives aimed at supporting the development, well-being, and empowerment of young individuals.

African Americans

People of African descent living in the United States, often with heritage linked to slavery.