Which of the Following Statements Is True?
A) the Correlation $\le$

Multiple Choice

Which of the following statements is true?

A) The correlation coefficient reflects the joint movement of asset returns or default risk in the case of loans and lies between the values -1 $\le$ r $\le$ + 1, where r is the correlation coefficient.
B) The correlation coefficient reflects the joint movement of asset returns or default risk in the case of loans and lies between the values 0 $\le$ r $\le$ + 1, where r is the correlation coefficient.
C) The correlation coefficient reflects the joint movement of asset returns or default risk in the case of loans and lies between the values +1 $\le$ r $\le$ + 2, where r is the correlation coefficient.
D) The correlation coefficient reflects the joint movement of asset returns or default risk in the case of loans and lies between the values -1 $\le$ r $\le$ 0, where r is the correlation coefficient.