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Which of the Following Statements About Diversification Is (Are) Correct

Question 3

Multiple Choice

Which of the following statements about diversification is (are) correct?
I. Diversification may be able to reduce the risk of a portfolio to less than the weighted average risk of the assets.
II. Diversification is always prudent and should be expanded to include new, unrelated products whenever possible.


A) Only statement I is correct.
B) Only statement II is correct.
C) Both statements I and II are correct.
D) Neither statement I nor II is correct.

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