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3. If an investor holds an equally weighted portfolio of ten oil stocks. Recently, she received a large inheritance and decided to purchase ten very

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3. If an investor holds an equally weighted portfolio of ten oil stocks. Recently, she received a large inheritance and decided to purchase ten very volatile stocks in a variety of industries. Assuming the portfolio remained equally weighted, adding these securities would: a. increase the unsystematic risk associated with the portfolio b. increase the portfolio's variance c. decrease the portfolio's variance d. decrease the impact of covariance in the portfolio e. decrease the systematic risk associated with the portfolio

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