What is the possible correlation between a Bombardier stock with a standard deviation of 50 percent and a Treasury bill issued by Government of Canada?
A) - 100
B) - 1
C) 0
D) + 1
E) + 100

Question

Quizplus · Accepted Answer

The standard deviation of Bombardier stock and the Treasury bill issued by the Government of Canada have no direct correlation as they are two different financial instruments. Therefore, the possible correlation is 0.

What Is the Possible Correlation Between a Bombardier Stock with a Standard