Question: Portfolio diversification exists because Select one: a. assets are perfectly positive related. b. unsystematic risk can be diversified away in a large portfolio. c. systematic

Portfolio diversification exists because

Select one: a. assets are perfectly positive related. b. unsystematic risk can be diversified away in a large portfolio. c. systematic risk can be washed away in a large portfolio. d. portfolio risk equals to the sum of standard deviations of individual assets held in the portfolio.

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