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Which of the following statements is CORRECT? The standard deviation is a measure of diversifiable risk. Market risk can not be eliminated through portfolio diversification.

Which of the following statements is CORRECT?

The standard deviation is a measure of diversifiable risk.

Market risk can not be eliminated through portfolio diversification.

Company-specific risk can not be eliminated through portfolio diversification.

Unsystematic risk can not be eliminated through portfolio diversification

Stand-alone risk can not be eliminated through portfolio diversification.

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