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Which of the following statements is TRUE? a. Diversification can remove the systematic risk component. b. The terms market risk, diversifiable risk, and unsystematic risk

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Which of the following statements is TRUE? a. Diversification can remove the systematic risk component. b. The terms market risk, diversifiable risk, and unsystematic risk" all mean the same thing. c. Maximum benefit from diversification occurs when the correlation coefficient for pairs of stocks is minus one. O d. Because of the effects of diversification, a portfolio's standard deviation is likely to be more than a single stock's standard deviation

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