Asked by Aeryn Brewer on Apr 29, 2024
Verified
Provide a definition for unsystematic risk.
Unsystematic Risk
A type of risk that is specific to a single company or industry, also known as diversifiable or idiosyncratic risk.
- Acquire knowledge of the definitions and contrasts between systematic and unsystematic risk.
Verified Answer
ZK
Zybrea KnightMay 05, 2024
Final Answer :
A risk that affects at most a small number of assets. Also called unique or asset-specific risks.
Learning Objectives
- Acquire knowledge of the definitions and contrasts between systematic and unsystematic risk.
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