Question: Because diversification is a desirable strategy for avoiding risk, it never makes sense for a financial institution to specialize in making specific types of loans.

Because diversification is a desirable strategy for avoiding risk, it never

Because diversification is a desirable strategy for avoiding risk, it never makes sense for a financial institution to specialize in making specific types of loans. Is this statement true, false, or uncertain? Explain your answer. Instructions: The following is required: The discussion should be no longer than 500 words

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