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An equity product is mapped to a single broad market index using a regression of the equity returns on the market index returns. Which of
An equity product is mapped to a single broad market index using a regression of the equity returns on the market index returns. Which of the following is a name associated with the risk (as measured by the variance) of the residuals?
A.Specific risk
B.Total systematic risk
C.Undiversifiable risk
D.Systematic risk
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
