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Which is false? If assets are perfectly positively related the portfolio risk will equal the weighted average of its constituent securities Portfolio risk will be

Which is false?

  1. If assets are perfectly positively related the portfolio risk will equal the weighted average of its constituent securities

  2. Portfolio risk will be reduced by holding multiple Securities unless the Securities held Hub returns that are perfectly negatively related

  3. The standard deviation is not the only measure of risk

  4. The correlation coefficient measures have security returns move in relation to one another

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