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Group of answer choices The variance of a diversified portfolio may be less than the variance of the least risky stock in the portfolio. The

Group of answer choices

The variance of a diversified portfolio may be less than the variance of the least risky stock in the portfolio.

The variance of a diversified portfolio must be equal to or greater than the variance of the least risky stock in the portfolio.

Portfolio variance will be an arithmetic average of the variances of the individual securities in the portfolio.

Portfolio variance will be a weighted average of the variances of the individual securities in the portfolio.

The variance of a diversified portfolio will equal the variance of the most volatile stock in the portfolio.

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