## Question

###### The expected return of a portfolio of risky securities ______ a weighted average of the securities returns. The standard...

The expected return of a portfolio of risky securities ______ a weighted average of the securities returns. The standard deviation of a portfolio of risky securities ____ a weighted average of the securities standard deviations when the correlation is less than 1

a. is;is

b.is not ;is

c.is;is not

d.is not; is not

## Answers

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