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23 A news flash just appeared that caused about a dozen stocks to suddenly drop in value by 20 percent. What type of risk does

23

A news flash just appeared that caused about a dozen stocks to suddenly drop in value by 20 percent. What type of risk does this news flash best represent?

  1. Market

  1. Portfolio

  1. Non-diversifiable

  1. Unsystematic

  1. Total

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