题目
Which of the following statements about portfolio risk and diversification is least accurate?
选项
A.Not all risk is diversifiable.
B.Unsystematic risk can be substantially reduced by diversification.
C.Systematic risk can be eliminated by holding securities in a well-diversified international stock portfolio.
D.None of above.
答案
C
解析
Systematic risk cannot be eliminated by diversification. Unsystematic risk can be reduced by diversification. Diversification benefits will occur any time security returns have less than perfect positive correlations.不能通过分散消除系统性风险。 多元化可以减少非系统性风险。 只要安全收益的收益不完全成正相关，就会产生多元化收益。