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As the number of securities in a portfolio is increased, what happens to the average portfolio standard deviation? Question options: a) It increases at an
As the number of securities in a portfolio is increased, what happens to the average portfolio standard deviation? Question options: a) It increases at an increasing rate. b) It decreases at a constent rate. c) It increases at a decreasing rate. d) It first decreases rapidly, then starts to decrease slowly as more securities are added. e) It decreases at an increasing rate.
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