Please answer questions 3,4 true or false with an explanation. many thanks 3. Securities...

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Please answer questions 3,4 true or false with an explanation. many thanks

3. Securities with a positive Jensen's alpha are overpriced. True False ^ ^ ^ ^ 1 0 1 4. You can reduce the volatility of a portfolio through diversification, but you can never have a portfolio that has lower volatility than the least volatile share in the portfolio. True False

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