Which of the following statements is true?

A.

FIs may set an aggregate limit of less than the sum of two individual industry limits if two industry groups' performance are not correlated

B.

None of the listed options is correct

C.

FIs may set an aggregate limit of more than the sum of two individual industry limits if two industry groups' performance are highly correlated.

D.

FIs may set an aggregate limit of less than the sum of two individual industry limits if two industry groups' performance are negatively correlated.

E.

FIs may set an aggregate limit of more than the sum of two individual industry limits if two industry groups' performance are negatively correlated.