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    Fundamentals of Investments Study Set 4
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    Exam 11: Factor Models
  5. Question
    Diversification Leads to an Averaging of ___ Risk in a One-Factor
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Diversification Leads to an Averaging of ___ Risk in a One-Factor

Question 9

Question 9

Multiple Choice

Diversification leads to an averaging of ___ risk in a one-factor model.


A) nonfactor
B) systematic
C) factor
D) market

Correct Answer:

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