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LL L Le von (5) How might your decision be affected if, rather than buying one stock for $1 million, you could construct a portfolio

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LL L Le von (5) How might your decision be affected if, rather than buying one stock for $1 million, you could construct a portfolio consisting of 100 stocks with $10,000 invested in each? Each of these stocks has the same return characteristics as the one stockthat is, a 50-50 chance of being worth either zero or $30,000 at year-end. Would the correlation between returns on these stocks matter

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