The correlation between stocks A and B is 0.50, while the correlation between stocks A...
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The correlation between stocks A and B is 0.50, while the correlation between stocks A and C is 0.5. You already own Stock A and are thinking of buying either Stock B or stock C. If you want your portfolio to have the lowest possible risk, would you buy stock B or C? Would you expect the stock you choose to affect the return that you earn on your portfolio?
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