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20. The standard deviation of a two-security portfolio Will be less than a linear combination of the two component security standard deviations: a. As long

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20. The standard deviation of a two-security portfolio Will be less than a linear combination of the two component security standard deviations: a. As long as the correlation coefficient of returns is less than 1 b. Only if the correlation coefficient of returns is equal to zero c. If the variance of the added security is lower than the other securities in the portfolio d. None of the above

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