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Which statement is FALSE? According to historical evidence, small-cap stocks are the riskiest asset class among stocks. Large portfolios with higher returns have higher volatilities.
Which statement is FALSE?
- According to historical evidence, small-cap stocks are the riskiest asset class among stocks.
- Large portfolios with higher returns have higher volatilities.
- An efficient portfolio is any portfolio that does not contain diversifiable risk.
- Diversification eliminates both firm-specific risk and systematic risk.
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