1. Diversifiable risk is ______________

   		Risk relafted to macro events like inflation or war
   		Risk that can be reduced by increasing the size of the bet
   		Risk specific to a particular entity or firm
   		Event risk

7 points

QUESTION 7

1. For any investor, to compare the risk attractiveness of different securities with varying expected returns and volatility history, which of the following metric is NOT considered appropriate?

   		The certainty equivalent
   		Standard deviation
   		Coefficient of variation
   		Sharpe ratio