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True, False or Uncertain. I have the opportunity to hold an equally-weighted portfolio of 10,000 investment projects which are uncorrelated with each other, or the
True, False or Uncertain. I have the opportunity to hold an equally-weighted portfolio of 10,000 investment projects which are uncorrelated with each other, or the economy. The investment projects are extremely volatile. In equilibrium, I should expect to earn approximately the risk-free rate.
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