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Which of the following is/are True about Diversification: I. Diversification can virtually eliminate Systematic Risk II. Diversification can virtually eliminate Unsystematic Risk III. Diversification can

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Which of the following is/are True about Diversification: I. Diversification can virtually eliminate Systematic Risk II. Diversification can virtually eliminate Unsystematic Risk III. Diversification can reduce a portfolio's overall risk with a corresponding reduction in the portfolio's expected return Multiple Choice Only I is True Only II is True Only I and III are True Only II and III are True

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