It is possible to reduce risk in a portfolio by diversification. Required a. Do you agree with

Question:

“It is possible to reduce risk in a portfolio by diversification.”

Required
a. Do you agree with this statement? Explain why or why not.
b. Can the risk of a portfolio be reduced to zero by diversification? Explain.

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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