Answer:
Step-by-step explanation:
The covariance between the returns on two assets is negative .this occurs when group of answer choice
on average the return on one asset increases while the return on the other assets decreases.
<u>With parentheses:</u>
(3 - 4)(4 + 5)/3
<u>Without parentheses:</u>
7 + 6 - 11 × 2
Hope this helps! :)