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      Question

      The coefficient of correlation takes the value in which

      of the following ranges?
      A O to +1 Correct Answer Incorrect Answer
      B -1 to 0 Correct Answer Incorrect Answer
      C -1 to +1 Correct Answer Incorrect Answer
      D More than 0 Correct Answer Incorrect Answer

      Solution

      Two or more securities can be perfectly negatively correlated (-1) to a scenario where they can be perfectly positively correlated (+1).

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