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You own two stocks in your portfolio but want to add more. When you add a third stock, the total risk of your portfolio declines.
You own two stocks in your portfolio but want to add more. When you add a third stock, the total risk of your portfolio declines. When you add a tenth stock, the total risk declines. Adding which stock, the third or the tenth, likely reduced the total risk more? Explain IN YOUR OWN WORDS
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