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QUESTION 9 No diversification benefits can be achieved by combining securities in a portfolio when the correlation between the securities is _ _ _ _

QUESTION 9
No diversification benefits can be achieved by combining securities in a portfolio when the correlation between the securities is _____________.
1
less than 1
between 0 and 1
less than or equal to 0
Provide the explaantion for the correct option and incorrect options. Provide accurate asnwer ASAP.

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