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Risk and diversification.Lonesome Gulch Mines has a standard deviation of 42% per year and a beta of +.10. Amalgamated Cooper has a standard deviation of

Risk and diversification.Lonesome Gulch Mines has a standard deviation of 42% per year and a beta of +.10. Amalgamated Cooper has a standard deviation of returns of 31% a year and a beta of +.66. Explain why Lonesome Gulch is the safer investment for a diversified investor.

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