Question: I know the answer. Can you just explain why the first answer is false and the rest are true briefly? Which of the following is

I know the answer. Can you just explain why the first answerI know the answer. Can you just explain why the first answer is false and the rest are true briefly?

Which of the following is incorrect? Answers: Holding two stocks that are perfectly correlated with each other in a portfolio is less risky than holding either of the stocks individually. A portfolio that consists of two stocks that are perfectly negatively correlated is riskless, as measured by portfolio standard deviation. Combining two stocks that have a negative correlation with each other in a portfolio will reduce the portfolio risk. Combining two stocks that have a correlation coefficient of 0.5 in a portfolio will reduce the portfolio risk. Systematic risk cannot be eliminated by holding a large, well-diversified portfolio

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