Fill in the Missing Words in the Following Sentence: According

Multiple Choice

Fill in the missing words in the following sentence: According to CAPM formula,under cross-listing in partially-integrated world financial markets,the expected stock return ___________ depends on Cov*(Ri,RW) and __________ depends on Cov*(Ri,RD) .

A) positively; positively
B) positively; negatively
C) negatively; positively
D) negatively; negatively