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Other things equal, diversification is most effective when a) securities' returns are positively correlated and high b) securities' returns are positively correlated c) securities' returns

Other things equal, diversification is most effective when

a) securities' returns are positively correlated and high

b) securities' returns are positively correlated

c) securities' returns are high

d) securities' returns are uncorrelated

e) securities' returns are negatively correlated

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