Examlex
Which of the following is a third country of Grazia?
Firm-specific Risk
The type of risk that affects a particular company or industry, also known as unsystematic risk.
Diversified Away
The risk that can be reduced or eliminated in a portfolio through investments in a variety of assets, thus not tied to the performance of a single investment.
Market Risk
The risk of losses in positions arising from movements in market prices.
Firm-specific Risk
The portion of an asset's risk that is attributable to the company's individual factors, uncorrelated with general market movements.
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