The goal of diversification is to eliminate all investment, Financial Management

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The goal of diversification is to eliminate all investment

1. The beta of a diversified portfolio is equal to the geometric average of the betas of the individual securities that comprise the portfolio. (T/F)

2. An unexpected return is a return that results from a surprise announcement or event (T/F)

3. The goal of diversification is to eliminate all investment risk. (T/F)

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Financial Management: The goal of diversification is to eliminate all investment

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