n what of the following situations, diversification will be least effective A. when security returns are all negative B. when security returns are negatively correlated C. when security returns are positively correlated D. when security returns are uncorrelated

QUESTION 8 Suppose there is a positive correlation between portfolio A and portfolio B. What of the following descriptions is correct? A. the returns of A and B tend to move inversely B. the returns of A and B tend to vary independently of each other C. the returns of A and B tend to move together D. none of the above