You have overheard the following statement: If an investor holds shares in about 20 different businesses all

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You have overheard the following statement: ‘If an investor holds shares in about 20 different businesses all of the risk is eliminated and the portfolio will give a return equal to the risk-free rate.’

Is this statement correct? Explain.

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Business Finance

ISBN: 9781292134406

11th Edition

Authors: Eddie McLaney

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Question Posted: Mar 05, 2024 06:38 AM

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You have overheard the following statement: If an investor holds shares in about 20 different businesses all

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Business Finance

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