41. In the context of the Arbitrage Pricing Theory, as a well-diversified portfolio becomes larger its nonsystematic risk approaches
A. one.
B. infinity.
C. zero.
D. negative one.
E. none of the above.
41. In the context of the Arbitrage Pricing Theory, as a well-diversified portfolio becomes larger its nonsystematic risk approaches
A. one.
B. infinity.
C. zero.
D. negative one.
E. none of the above.