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Question(s) / Instruction(s):

Which of the following terms can be used to describe unsystematic risk?

I. asset-specific risk

II. Diversifiable risk

III. Market risk

IV. Unique risk

a)            II, III, and IV only

b)            I and IV only

c)            II and III only

d)            I, II, III, and IV

e)            I, II, and IV only

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