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Instructions: For 11-20, use indirect truth tables to determine, for each given set of propositions, whether it is consistent. If the set is consistent, provide a consistent valuation.
-P ⊃ Q
R ⊃ Q
∼S ⊃ (P R)
(Q • S) ⊃ T
∼(U ⊃ T)
∼W ≡ S
Diversification
Diversification is an investment strategy aimed at reducing risk by allocating investments among various financial instruments, industries, or other categories.
Unsystematic Risk
The risk associated with a specific company or industry that can be mitigated through diversification.
Systematic Risk
The risk inherent to the entire market or market segment, also known as market risk or un-diversifiable risk.
Risk Premium
The additional return required by investors for taking a higher level of risk, compared to a safer investment.
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