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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.
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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

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