Question: estion 1 [15 marks] a. Define systematic and unsystematic risk. Give an example of each. How can you reduce the systematic risk of a portfolio,
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estion 1 [15 marks] a. Define systematic and unsystematic risk. Give an example of each. How can you reduce the systematic risk of a portfolio, and how can you reduce the unsystematic risk of a portfolio? [8 marks]
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