Q 12.6. When two unrelated firms with uncorrelated rates of return merge, is the resulting conglomerate riskier

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Q 12.6. When two unrelated firms with uncorrelated rates of return merge, is the resulting conglomerate riskier or safer? Does this add value?Q 12.6. When two unrelated firms with uncorrelated rates of return merge, is the resulting conglomerate riskier or safer? Does this add value?

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