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Which of the following is TRUE of INDUSTRY diversity? a. Buying the haystack (a broad index) is a way to achieve industry diversity b. It

Which of the following is TRUE of INDUSTRY diversity?

a.

Buying the haystack (a broad index) is a way to achieve industry diversity

b.

It is a good idea to hedge yourself by investing most of your assets in one or two industries.

c.

It is important to diversify amongst asset types

d.

Markets are not cyclical

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