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________ Risk Involves Variation in Returns Due to the Ups

question 13

Multiple Choice

________ risk involves variation in returns due to the ups and downs of the economy,the industry and the firm.


Definitions:

Investment Privately

Allocating financial resources into private enterprises not listed on public stock exchanges.

Maximum Price

The highest price a buyer is willing to pay for a good, service, or financial instrument.

Non-Redeemable GICs

Guaranteed Investment Certificates that cannot be cashed in before their maturity date without incurring a penalty.

Maturity Value

The amount of money an investment will be worth at the end of its term, including the original principal and all accrued interest.

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