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Superfluous diversification refers to a. reducing the numbers of securities in the portfolio will increase the total return b. adding new securities to the existing

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Superfluous diversification refers to a. reducing the numbers of securities in the portfolio will increase the total return b. adding new securities to the existing securities will improve its performance c. the addition of unnecessary components to an already undiversified portfolio d. the addition of unnecessary components to an already well- diversified portfolio

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