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What important role do Cepheid variables stars have in astronomy?
Firm-specific Events
Events that directly affect a company's operations, financial performance, or stock price, independent of the market or economic conditions.
Macroeconomic Events
Large-scale economic events that affect the economy on a national or global level, such as inflation, unemployment, or fiscal policies.
Unsystematic Risk
The segment of risk that is unique to a specific company or industry, also known as diversifiable risk, which can be mitigated through diversification.
Diversification
Spreading a portfolio over many investments to avoid excessive exposure to any one source of risk.
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