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A portfolio will always have less risk than the riskiest asset in it if the correlation of assets is ...

solina

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A portfolio will always have less risk than the riskiest asset in it if the correlation of assets is ...

A portfolio will always have less risk than the riskiest asset in it if the correlation of assets is less than perfectly positive.
True / False?

Textbook

Financial Management: Principles and Applications

Financial Management: Principles and Applications

Edition: 13^th

Authors: Titman, Keown, Martin

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solina Author

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Thanks for helping me with my business management course

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