The systematic risk (beta)of a portfolio is ________ by holding more stocks, even if they each had the same systematic risk.

Name: The systematic risk (beta)of a portfolio is ________ by holding more stocks, even if they each had the same systematic risk.
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The systematic risk (beta) of a portfolio is determined by the market risk of the individual stocks and is not reduced by diversification. Holding more stocks with the same beta does not change the portfolio's overall beta.

The Systematic Risk (Beta)of a Portfolio Is ________ by Holding