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Asap Question 14 The correlation of a well-diversified portfolio with a stock market index is a. equal to one because it has only undiversifiable risk.

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Question 14 The correlation of a well-diversified portfolio with a stock market index is a. equal to one because it has only undiversifiable risk. b. less than zero because it has only undiversifiable risk. c. equal to zero because it has only undiversifiable risk. d. less than one because it has only undiversifiable risk e. less than one because it has only diversifiable risk

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