Which of the Following Statements Is (Are) Correct

question 64

Multiple Choice

Which of the following statements is (are) correct?
I. Unsystematic risk can be eliminated through diversification.
II. Unsystematic risk is the relevant portion of an asset's risk attributable to market factors that affect all firms, like inflation, political events, etc.

• A) Only statement I is correct.
• B) Only statement II is correct.
• C) Both statements I and II are correct.
• D) Neither statement I nor II is correct.

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Definitions:

Plowshares

Tools used in farming for cutting furrows in the soil, symbolic of peaceful applications of resources.

Coconut Consumption

The amount of coconut products, such as coconut water, meat, or oil, consumed by an individual or population.

Leisure

Time free from the demands of work or duty, when one can rest, enjoy hobbies, or engage in other personally satisfying activities.

Term Paper

A major assignment written by a student over an academic term, demonstrating their understanding of a topic.