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What does the benefit of diversification refer to? The reduction in a portfolio s standard deviation in comparison to the standard deviations of the individual

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What does the benefit of diversification refer to? The reduction in a portfolio s standard deviation in comparison to the standard deviations of the individual assets by reducing diversifiable risk "The combination of assets into a portfolio, eliminating financial risk" "The combination of assets into a portfolio, creating a portfolio with a high expected return" The elimination of systematic risk by combining assets into a portfolio QUESTION 10 Market risk cannot be eliminated. True False

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