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Which of the following statements is true? Systematic, or market, risk can be reduced through diversification Both systematic and unsystematic risk can be reduced through

Which of the following statements is true?

Systematic, or market, risk can be reduced through diversification

Both systematic and unsystematic risk can be reduced through diversification

Unsystematic, or firm

-

specific, risk can be reduced through diversification

Neither systematic nor unsystematic risk can be reduced through diversification

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