Which of the Following Statements Is CORRECT

Multiple Choice

Which of the following statements is CORRECT?

A) The typical R² for a stock is about 0.94 and the typical R² for a portfolio is about 0.6.
B) The typical R² for a stock is about 0.3 and the typical R² for a large portfolio is about 0.94.
C) The typical R² for a stock is about 0.94 and the typical R² for a portfolio is also about 0.94.
D) The typical R² for a stock is about 0.6 and the typical R² for a portfolio is also about 0.6.
E) The typical R² for a stock is about 0.3 and the typical R² for a portfolio is also about 0.3.