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39. Stock X has a standard deviation of returns equal to 36% and a beta of 0.8. Stock Y has a standard deviation of returns
39. Stock X has a standard deviation of returns equal to 36% and a beta of 0.8. Stock Y has a standard deviation of returns equal to 25% and a beta of 1.1. To minimize his investment risk exposure, an investor should select if he is non-diversified and select if he is diversified.
A) X, X.
B) X, Y.
C) Y, Y.
D) Y, X.
E). All selections make no difference.
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