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As a portfolio manager, you are holding a portfolio with a standard deviation of 15%, which asset is the best to minimize your overall portfolio

  1. As a portfolio manager, you are holding a portfolio with a standard deviation of 15%, which asset is the best to minimize your overall portfolio risk?

    An asset with the standard deviation greater than 15%

    An asset with the standard deviation equal to 0

    An asset with a positive correlation of +1 with your portfolio

    An asset with a negative correlation of -1 with your portfolio

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