Q1. The Covid-19 pandemic not only represent a global health crises but an economic crises as well. Global capital markets around the world are badly hit by the novel corona virus. From New Stock Exchange to Tokyo Stock Exchange, London Stock Exchange to Nigeria Stock Exchange are all struggling to keep face with the negative consequences of the scourge. Market analysts opined that considering the nature of Covid-19, it would be difficult for investors to envisage the coming of the pandemic so as to take actions that will insulate them from the risk that affect the market as a whole. In view of this;

a- What is the type of risk associated with Covid-19?

b- Can the risk associated with Covid-19 be diversified or avoided?