Which one of the following firms would be described as having below average sensitivity to the state

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Which one of the following firms would be described as having below average sensitivity to the state of the economy?

a. An asset play firm. 

b. A cyclical firm. 

c. A defensive firm. 

d. A stalwart firm

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Related Book For  answer-question

ISE Essentials Of Investments

ISBN: 9781265450090

12th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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