As the number of securities in a portfolio is increased, what happens to the average portfolio standard deviation? a) It decreases at an increasing rate. b)It increases at an increasing rate. c) It first decreases rapidly, then starts to decrease slowly as more securities are added. d) It decreases at a constent rate e) It increases at a decreasing rate.
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Answers: 3
As the number of securities in a portfolio is increased, what happens to the average portfolio stand...
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