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1. Which one of the following is an example of a nondiversifiable risk? A poorly managed firm suddenly goes out of business due to lack
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Which one of the following is an example of a nondiversifiable risk?
A poorly managed firm suddenly goes out of business due to lack of sales
A well managed firm reduces its work force and automates several jobs
A key employee of a firm suddenly resigns and accepts employment with a key competitor
A well respected chairman of the Federal Reserve suddenly resigns
A well respected president of a firm suddenly resigns
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