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In risk reduction: a correlation coefficient of o eliminates all risk a correlation coefficient of + 1 eliminates all risk a correlation coefficient of -

In risk reduction:
a correlation coefficient of o eliminates all risk
a correlation coefficient of +1 eliminates all risk
a correlation coefficient of -1 eliminates all risk
a correlation coefficient of +1 eliminates all market risk
a correlation coefficient of -1 eliminates all diversifiable risk
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