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4 MANS Which of the followings is a false statement regarding diversification? O a. The firm-specific risks of individual assets approach zero within a well-diversified

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MANS Which of the followings is a false statement regarding diversification? O a. The firm-specific risks of individual assets approach zero within a well-diversified portfolio Ob. The non-systematic risk of a well-diversified portfolio approached zero. OC. The firm specific risk can never truly reach zero no matter how diversified a portfolio is. od. Diversification is one of the assumptions for APT. Unsure

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