Question: please explain Problem 6 Which firm characteristic bellow would be evidence of high unsystematic (idiosyncratic) risk? A) High CEO turnover due to board political divisions
please explain
Problem 6 Which firm characteristic bellow would be evidence of high unsystematic (idiosyncratic) risk? A) High CEO turnover due to board political divisions B) High fixed costs relatively to variable costs C) High debt relatively to the market value of equity D) High equity beta E) High concentration in products with high consumer discretionary, like luxury goods
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