Multiple Choice
An asset has a covariance of 0.918 with the market. The asset's returns have a __________ relationship with the market returns.
A) strong positive
B) weak positive
C) strong negative
D) weak negative
E) Insufficient information.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q52: Systematic risk is important because:<br>A) the expected
Q53: Which of the following stocks has
Q54: Validity of the CAPM depends on<br>A) accurate
Q55: You realized a total return of 14.6%
Q56: A diversified portfolio has almost no _
Q58: <span class="ql-formula" data-value="\begin{array}{llcc} \text {Expected return
Q59: The reward for bearing risk is known
Q60: A stock has a covariance of 0.0834
Q61: The expected return of the market is
Q62: Fama and French's research indicate that which