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Solve the problem.
-A company estimates that it has a 30% chance of being successful in bidding on a $40,000 contract. If it costs $6000 in consultant fees to prepare the bid, what is the expected gain or loss for the Company if it decides to bid on this contract?
Systematic Risk
The inherent risk that affects the entire market or a whole segment of the market, often influenced by geopolitical and economic factors.
Portfolio Diversification
An investment strategy used to reduce risk by allocating investments among various financial instruments, industries, and other categories.
Number of Assets
The total count of individual assets, both tangible and intangible, owned or controlled by an entity.
Portfolio
A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed funds and exchange traded funds.
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