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

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Which of the following statements are correct concerning diversifiable risks? 1. Diversifiable risks can be essentially eliminated by investing in thirty unrelated securities. II. There is reward for accepting diversifiable risks. III. Diversifiable risks are generally associated with an individual form or industry. IV. Beta measures non diversifiable risk. I and III only II, III and IV only I, III, and IV only Oll and Ill only OLI, III, and IV

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