Question: Stocks A, B, and C each have the same expected return but different standard deviations. Given the following correlations, which portfolio constructed from these stocks

Stocks A, B, and C each have the same expected return but different standard deviations. Given the following correlations, which portfolio constructed from these stocks has the lowest risk? Correlation Matrix Stock A B C +1.0 +0.9 +1.0 +0.1 -0.4 +1.0 a. O A portfolio equally invested in stocks A and B. b. A portfolio equally invested in stocks A and C. c. O A portfolio equally invested in stocks B and C. d. O A portfolio totally invested in stock C

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