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QUESTION 8 If a portfolio is highly diversified, the expected returns of this portfolio will be negligible. True False QUESTION 9 The beta of T-bill

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QUESTION 8 If a portfolio is highly diversified, the expected returns of this portfolio will be negligible. True False QUESTION 9 The beta of T-bill will be zero since it is risk-free. True False QUESTION 10 Usually the expected return of an individual stock is calculated from CAPM model, and if it is below required return, it will be a good buy. True False

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