Question
According to Monte Carlo simulations run by Statman (1987), it takes only ______ randomly picked stocks held within a portfolio to diversify and eliminate 95%
According to Monte Carlo simulations run by Statman (1987), it takes only ______ randomly picked stocks held within a portfolio to diversify and eliminate 95% of firm specific (non-systematic) risk. 10 30 100 1,000
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
7th Edition
0357442040, 978-0357442043
