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3.6. Assuming that investors are NOT diversified, the only risk that matters is Systematic risk Nonsystematic risk Total risk Shareholder risk Most new ventures suffer
3.6. 
Assuming that investors are NOT diversified, the only risk that matters is Systematic risk Nonsystematic risk Total risk Shareholder risk Most new ventures suffer from a liquidity premium since They are small. They are not publicly traded. They are dependent on the entrepreneur. They are not regulated Step by Step Solution
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ISE Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
18th International Edition
1265074658, 9781265074654
