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You are considering buying some stocks in Continental Grain. Which of the following are examples of non-diversifiable risks?

I. Risk resulting from a general decline in the stock market
II. Risk resulting from a possible increase in income taxes
II. Risk resulting from an explosion in a grain elevator owned by Continental
IV. Risk resulting from a pending lawsuit against Continental

a. III and IV
b. II, III, and IV
c. I and II
d. I only

 

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