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Which of the following statements about portfolio diversifications are correct? Check all that apply. Correlation between returns on stocks of small companies is smaller than
Which of the following statements about portfolio diversifications are correct? Check all that apply. Correlation between returns on stocks of small companies is smaller than returns on stocks of big companies. Returns on stocks in the same industry are more closely correlated than on stocks in different industries. Portfolios that include stocks of only big companies minimize risk. Diversification can reduce risk but not eliminate it
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