Question: 5. If more randomly selected stocks in the U.S. had been included in a portfolio, which of the following is the most accurate statement of

5. If more randomly selected stocks in the U.S. had been included in a portfolio, which of the following is the most accurate statement of what would have happened to P ? Why? Explain and be concise. (1) P would have remained constant. (2) P would have declined to zero if enough stocks had been included. (3) P would have been in the vicinity of 20 percent.

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