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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
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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 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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