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QUESTION 30 1 points Save As the number of stocks in your portfolio increases A. the company specific risk in your portfolio increases. B. your

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QUESTION 30 1 points Save As the number of stocks in your portfolio increases A. the company specific risk in your portfolio increases. B. your portfolio becomes more diversified. C. your portfolio becomes less diversified. D. the total volatility of your portfolio will increase. E. All of the above 1 points QUESTION 31 You currently have $11,167 in your savings account. What interest rate do you need to earn in order to have $20,000 in the account in 10 years? 6% 8% 10% 7.2% QUESTION 32 1 points Save A Which of the following is most appropriate when planning for retirement? A. You should assume a relatively high interest rate when forecasting your rate of return in retirement. B. Delaying savings for retirement for up to 10 years will have very little effect on your savings outcome because it is so far away. C. You should be optimistic when approximating retirement income sources like Social Security and Pensions D. You do not need to budget money for savings and investing as part of your income during retirement

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