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need asap timed John is considering adding two stocks to his portfolio that have the same standard deviation and are in the same industry. Adding
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John is considering adding two stocks to his portfolio that have the same standard deviation and are in the same industry. Adding both stocks to the portfolio will most likely have no additional diversification benefit than adding just one of the stocks reduce the standard deviation of the portfolio not affect the total risk of the portfolio increase the portfolio's standard deviation, if the stocks have a correlation of +1 Step by Step Solution
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