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Business, 25.11.2019 22:31 vavery61

Diversification works because: i. unsystematic risk exists. ii. combining stocks into a portfolio reduces the standard deviation of each stock in the portfolio. iii. firm-specific risk can be dramatically reduced if not eliminated. a) i onlyb) iii onlyc) i and ii onlyd) i and iii onlye) i, ii, and iii

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