Question: Classify the following events as mostly systematic or mostly unsystematic. Is the distinction clear in every case? Provide detailed explanation. a. Short-term interest rates increase
Classify the following events as mostly systematic or mostly unsystematic. Is the distinction clear in every case? Provide detailed explanation.
a. Short-term interest rates increase unexpectedly.
b. The interest rate a company pays on its short-term debt borrowing is increased by its bank.
c. Oil prices unexpectedly decline. d. A manufacturer loses a multimillion-dollar product liability suit.
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