Question: Which statement about constructing a diversified portfolio is correct? a. Only negatively correlated securities should be included in a diversified portfolio b. Only perfectly negatively

Which statement about constructing a diversified portfolio is correct?

a. Only negatively correlated securities should be included in a diversified portfolio

b. Only perfectly negatively correlated securities provide diversification benefits

c. Only positively correlated securities should be included in a diversified portfolio

d. Less than perfectly positively correlated securities provide diversification benefits

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