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Coca Cola and Pepsi, which together account for about 85 percent of the soft drink market, are best described as being in
Unique Risk
Risk that is specific to a single asset or to a small group of assets, also known as unsystematic risk.
Unique Risk
Also known as unsystematic risk, it refers to the risk associated with a specific company or industry.
Diversifiable Risk
The portion of an investment's risk that can be reduced or eliminated through the practice of diversifying one's investment portfolio across various assets.
Systematic Risk
The inherent risk affecting the overall market or a particular sector, which cannot be eliminated through diversification.
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