Question: Consider the statements below and choose the answer that is correct. Group of answer choices Joan can eliminate all of the systematic risk in her
Consider the statements below and choose the answer that is correct. Group of answer choices Joan can eliminate all of the systematic risk in her portfolio if she holds a portfolio of 100 stocks from all different industries. Diversification guarantees that an investor will achieve higher returns when investing in the stock market. The total risk of a portfolio can be erased if an investor holds a very large and well diversified portfolio of stocks. Most (and maybe all) firm-specific risk can be erased if an investor holds a very large, well-diversified portfolio of stocks
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