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Question 26 (3 points) Which of the following is FALSE regarding diversification? Market risk is also known as systematic risk. Through diversification, systematic risk can

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Question 26 (3 points) Which of the following is FALSE regarding diversification? Market risk is also known as systematic risk. Through diversification, systematic risk can be eliminated. Forming a well-diversified portfolio can eliminate about half the risk of owning a single stock. Diversification can reduce risk without an equivalent reduction in expected return. Firm specific risk is also known as unsystematic risk

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