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the standard deviation of the returns of a portfolio of securities The wanted average of the standard deviation of retums of the individual component securities

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the standard deviation of the returns of a portfolio of securities The wanted average of the standard deviation of retums of the individual component securities will be a equal to Obless than Ocgreater than Od greater than or equal to (depending on the correlation between securities) Oe less than equal to, or greater than (depending on the correlation between securities)

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