Question: Instruction: For each statement, begin by answering whether the statement is true or false . If you think a statement is false, explain your answer

Instruction: For each statement, begin by answering whether the statement is true or false. If you think a statement is false, explain your answer in ONE or TWO SENTENCES. If you think a statement is true, no explanation is required.

  1. While options can be used to reduce systematic risk of stocks, they cannot reduce unsystematic risk of stocks because unsystematic risk can only be reduced through diversification.

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