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By holding a portfolio of more than 3 0 stocks, this portfolio can have: Lower systematic risk than the stock with the lowest beta in
By holding a portfolio of more than stocks, this portfolio can have: Lower systematic risk than the stock with the lowest beta in this portfolio Higher expected return than the stock with the highest expected return in this portfolio Lower total risk than the stock with the lowest standard deviation in this portfolio Higher specific risk than the stock with the highest specific risk in this portfolio
By holding a portfolio of more than stocks, this portfolio can have:
Lower systematic risk than the stock with the lowest beta in this portfolio
Higher expected return than the stock with the highest expected return in this portfolio
Lower total risk than the stock with the lowest standard deviation in this portfolio
Higher specific risk than the stock with the highest specific risk in this portfolio
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
