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When you define a class, if you do not explicitly extend another class, your class is an extension of the ____ class.
Risk Characteristics
Features that define the vulnerability of an investment's return, including volatility, market risk, and credit risk.
Systematic Risk
The risk inherent to the entire market or market segment, also known as "market risk," which cannot be reduced through diversification.
Unsystematic Risk
The risk of price change in a company's stock due to company-specific events, distinguishable from market-wide risk.
Business-specific Risks
Refers to the uncertainties or potential financial losses that are directly related to the operations and environment of a particular company or industry.
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