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Which step does a researcher first use when starting a new study?
Systematic Risk
The risk inherent to the entire market or market segment, which cannot be reduced through diversification.
Total Risk
The complete range of risks involved in an investment, encompassing both systematic and unsystematic risks.
Expected Return
The anticipated amount of profit or loss an investment is expected to generate over a given period.
Securities
Financial instruments that represent ownership positions in corporations (stocks), creditor relationships with corporations or governmental bodies (bonds), or rights to ownership as represented by an option.
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