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If the two main components of total risk are Firm-specific risk and Market risk, select...

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Finance

If the two main components of total risk are Firm-specific risk and Market risk, select the best answer:

a. Firm-specific risk is referred to as non-diversifiable risk

b. market risk is diversifiable risk

c. Firm-specific risk is referred to as diversifiable risk

d. market risk is non-diversifiable risk

e. Both a & b f. Both c & d

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