8. (10 points) A correlation matrix of the returns for securities A, B, and C is reported below: Assuming that the expected return and the standard deviation of each security are the same, a portfolio consisting of an equal allocation of which two securities will be most effective for portfolio diversification? A. Securities A and B. B. Securities A and C. C. Securities B and C. 9. (10 points) An analyst gathers the following information. Which security has the least amount of market risk? A. Security 1 B. Security 2 C. Security 3 8. (10 points) A correlation matrix of the returns for securities A, B, and C is reported below: Assuming that the expected return and the standard deviation of each security are the same, a portfolio consisting of an equal allocation of which two securities will be most effective for portfolio diversification? A. Securities A and B. B. Securities A and C. C. Securities B and C. 9. (10 points) An analyst gathers the following information. Which security has the least amount of market risk? A. Security 1 B. Security 2 C. Security 3