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Based on a multi-factor APT model, the concept of portfolio diversification is to minimize which one of the following? A. weighted average of betas B.
Based on a multi-factor APT model, the concept of portfolio diversification is to minimize which one of the following?
A. | weighted average of betas | |
B. | weighted average of unsystematic risks | |
C. | weighted average of betas F | |
D. | weighted average of expected returns |
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