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Which one of the following is an example of a nondiversifiable risk?

a. a well-respected chairman of the Federal Reserve Bank suddenly resigns

b. a well-respected president of a firm suddenly resigns

c. a poorly managed firm suddenly goes out of business due to lack of sales

d. a key employee suddenly resigns and accepts employment with a key competitor e. a well-managed firm reduces its work force and automates several jobs.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92297993

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