Question: Which statement below is CORRECT? The stand - alone risk of a firm's stock includes only the firm - specific risk. Unsystematic risk can be
Which statement below is CORRECT?
The standalone risk of a firm's stock includes only the firmspecific risk.
Unsystematic risk can be mitigated through diversification.
Systematic risk is the risk that is unique to a firm or an industry.
Market risk can be mitigated through diversification.
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