D Question 9 1 pts Select the TRUE statement regarding diversification a) The ways to reduce risk associated with financial assets are hedging. diversification, insurance, and selling the financial assets e) The goal of diversification is to invest in a group of assets from three different industries in order to reduce risk Diversification works best when the returns of the assets are highly positively correlated b) Diversification reduces both systematic and unsystematic risk d) Unsystematic risk of a portfolio cannot be reduced through diversification Next Previous