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Which of the following is most likely an incorrect statement? Systematic risk may arise from the unexpected changes in interest rates or inflation. Diversification works
Which of the following is most likely an incorrect statement?
Systematic risk may arise from the unexpected changes in interest rates or inflation.
Diversification works if assets are near perfectly correlated.
Systematic risk is due to common risk factors, such as the state of the economy.
Systematic risk is also called undiversifiable risk.
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