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Consider investing in a portfolio of two assets A and B, versus investing only in asset A. In order to obtain a diversification benefit, what
Consider investing in a portfolio of two assets A and B, versus investing only in asset A. In order to obtain a diversification benefit, what is required? a. One of the assets must be risk free. b. The two must not have the same standard deviation c. The correlation between the two must be 0 or less. d. The correlation between the two must be less than 1.0 e. The correlation between the two must be negative
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