Particulars Falcon International Triumph International Average Return (%) 10 8 Average Volatility (%) 12 15 For the portfolio to yield lower risk than the individual stocks, the correlation coefficient of stocks should be

Particulars Falcon International Triumph International Average Return

1.	Particulars Falcon International Triumph International Average Return (%) 10 8 Average Volatility (%) 12 15 For the portfolio to yield lower risk than the individual stocks, the correlation coefficient of stocks should be
A.	Less than 1.25
B.	Less than 0.85
C.	Less than 0.80
D.	More than 0.83
Answer» D. More than 0.83