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Henry worked in a bank for over 10 years and, because of his experience, he only likes to invest in bank stocks. 90% of Henry's
Henry worked in a bank for over 10 years and, because of his experience, he only likes to invest in bank stocks. 90% of Henry's portfolio is in the stocks Citigroup, JP Morgan Chase, Goldman Sachs, and Barclays Bank, while 10% is in technology stocks, mostly Apple. What kind of risk is Henry exposed to?
Idiosyncratic Risk | ||
Systematic Risk | ||
Technical Risk | ||
Both idiosyncratic risk and systematic risk. |
NOTE: On chegg I got three different answers A,B and D which one is correct.
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