Why is international diversification attractive to an investor who already has a well-diversified domestic portfolio?

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 03:03 AM

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Why is international diversification attractive to an investor who already has a well-diversified domestic portfolio?

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The purpose of diversification is to lower the standard deviation of portfolio returns witho...View the full answer

Fundamentals of Investments

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