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23. The beta of a diversified portfolio is equal to the geometric average of the betas of the individual securities that comprise the portfolio. (T/F)
23. The beta of a diversified portfolio is equal to the geometric average of the betas of the individual securities that comprise the portfolio. (T/F)
An unexpected return is a return that results from a surprise announcement or event (T/F)
The goal of diversification is to eliminate all investment risk.
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