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The separation between firm ownership and management creates a(n) __________ relationship.
Unsystematic Risk
The risk associated with a specific issuer or sector, which can be mitigated through diversification.
International Securities
Financial instruments, such as stocks and bonds, that are traded on global markets and denominated in various currencies.
Unsystematic Risk
The risk associated with a specific company or industry, which can be mitigated through diversification in a portfolio.
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