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Which of the following is NOT a diversifiable risk?
Accrued Interest
Interest that has been incurred but not yet paid, representing a liability for the borrower and an asset for the lender.
Semiannual Interest Payments
Interest payments made twice a year on a loan or bond.
Equity Method
An accounting technique used to record investments in other companies, reflecting the investor's share of the investee's profits or losses.
Outstanding Stock
Shares of a company that have been issued and are currently held by investors.
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