单选题 Which one of the following statements about correlation is FALSE? A. Positive covariance means that asset returns move together. B. If two assets have perfect negative correlation, it is impossible to reduce the portfolio's overall variance. C. The covariance is equal to the correlation coefficient times the standard deviation of one stock times the standard deviation of the other stock.
【正确答案】 B
【答案解析】This statement should read, "If two assets have perfect negative correlation, it is possible to reduce the portfolio's overall variance to zero. "