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As the number of securities in a portfolio is increased, what happens to the average portfolio standard deviation?

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As the number of securities in a portfolio is increased, what happens to the average portfolio standard deviation?

It decreases at an increasing rate.

It increases at an increasing rate.

It increases at a decreasing rate.

It first decreases, then starts to increase as more securities are added.

It decreases at a decreasing rate

Giải thích

Chọn đáp án E