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As securities are added to a portfolio: a) the standard deviation of portfolio returns decreases, provided securities are not perfectly correlated. b)from the same industry,

As securities are added to a portfolio:

a) the standard deviation of portfolio returns decreases, provided securities are not perfectly correlated.

b)from the same industry, the portfolio will become well diversified.

c)the standard deviation of portfolio returns increases.

d)from the same industry, the portfolio will become well diversified if securities are less than perfectly correlated.

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