Question: Which statement about portfolio diversification is true? Group of answer choices None of the options. Proper diversification can reduce the total risk to zero. The

Which statement about portfolio diversification is true?

Group of answer choices

None of the options.

Proper diversification can reduce the total risk to zero.

The risk-reducing benefits of diversification will not occur if the risky assets are not correlated .

Because diversification reduces a portfolio's total risk, it also reduces the portfolio's expected return.

Proper diversification can eliminate systematic risk.

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