Question: Complete the sentance: Risk is minimized through diversification. Diversification is achieved by creating a financial portfolio that reduces the net effect of each firm's risk.

Complete the sentance: Risk is minimized through diversification. Diversification is achieved by creating a financial portfolio that reduces the net effect of each firm's risk. What remains is each firm's risk 1. unsystematic risk 2. totai risk systematic risk 3. systematic isk 4. cyclical 5. asymmetrical
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