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Which of the following statements are correct concerning diversifiable risks? 1. Diversifiable risks can be approximately eliminated by investing in thirty unrelated securities. II. Diversifiable

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Which of the following statements are correct concerning diversifiable risks? 1. Diversifiable risks can be approximately eliminated by investing in thirty unrelated securities. II. Diversifiable risks are generally associated with an individual firm. III. Beta measures diversifiable risk. II and III only I and III only I and II only O I, II and III only

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