Shawn Determines That If Lexall Corporation Has High Revenues,then Waters

question 63

Multiple Choice

Shawn determines that if Lexall Corporation has high revenues,then Waters Corporation will have low revenues,and that if Lexall Corporation has low revenues,then Waters Corporation will have high revenues.Shawn buys stock in both corporations.

• A)He has reduced firm-specific risk but not market risk.
• B)He has reduced market risk,but not firm-specific risk.
• C)He had reduce both firm-specific risk and market risk.
• D)He has reduced neither firm-specific risk nor market risk.

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Definitions:

Wedding Ring

A ring symbolizing marriage, traditionally worn on the base of the left ring finger to signify marital commitment and love.

Cluttering Phrase

Unnecessary words or phrases that make sentences longer without adding significant meaning.

Skipped Meeting

An event or appointment that was missed or not attended as planned.

Arrange

To organize or put things in a particular order or configuration.